Korea sheds light on MPC voting results

Bank of Korea, Seoul

The Bank of Korea took steps to "heighten the transparency" of its monetary policy committee (MPC) by revealing the number of votes cast for and against interest rate decisions as of May.

According to the Bank of Korea's latest bi-annual monetary policy report, released yesterday, the voting results have been announced in the press briefing following each decision since May.

Previously, the central bank only revealed whether decisions had been made unanimously. In the first meeting following the

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