South Korea
Asian central banks deploy FX reserves to prop up currencies
Analysts remain confident in Asia’s financial stability, but recession risks are building
Bank of Korea raises policy rate again
Policy-makers expect high inflation for rest of year
South Korean inflation climbs to 13-year high
Central bank concerned about record price rises
South Korea and Singapore tighten monetary policy
Central banks revise inflation forecasts up and GDP down
Central bank of the year: Bank of Korea
South Korea’s central bank was the first developed-world central bank to tighten policy to address inflationary risks
Lifetime achievement: Stanley Fischer
Fischer has had a profound impact on monetary economics and central banking during his prolific career
Korean president names new central bank governor
Rhee Chang-yong is currently IMF Asia-Pacific director
Bank of Korea raises rates again as inflation climbs
Governor Lee Ju-yeol says he will not rule out another hike in the first quarter of 2022
Transactional cash usage ebbs and flows in response to Covid-19
The proportion of payments made in cash ranged from 3% to 88%
Crypto asset transactions hit ‘macro critical levels’ – IMF GFSR
Crypto valuations “already systemic” in “many countries”, international rules "probably some time away", says IMF’s Adrian
People: Bank of Korea nominates board member
Bolivia’s former governor Pablo Ramos Sánchez dies; Trevor Braithwaite departs ECCB; and more
South Korea raises policy rate
Governor cites rising household debts and house prices as reasons to tighten policy
People: Kuwait’s sovereign wealth fund gets new managing director
Korean president nominates head of financial supervisor and EBRD gets new corporate strategy chief
People: ECCB appoints first woman deputy governor
New deputy governor in Korea; deputy governor reappointed in Ghana; and more
South Korea aiming for rate hike as growth recovers
BoK to discuss rate hike in next policy meeting, but quarterly GDP figure shows some weakness
Colombian central bank joins DLT bond issuance pilot
Technology could cut costs and offer faster processing, traceability, security and risk management
Korea selects CBDC blockchain provider
Central bank chooses telecoms company subsidiary following tender process
Bank of Korea to start CBDC trial in August
Central bank opts for two-tier model for retail digital currency
People: Erdoğan fires deputy governor
South Korea appoints new sovereign wealth fund chief; Fed lawyer moves to OCC; and more
Bank of Korea to expand government bond purchases
South Korean central bank vows to buy more government bonds as finance ministry proposes new pandemic relief package
BIS paper contrasts firm financing in US and Asia
Authors argue market segmentation drives different patterns of bond and loan financing
Bank of Korea report calls for new laws on CBDC issuance
Research explores legal issues surrounding central bank digital currency
BIS paper explores impact of demographics on house prices
Study focuses on Korea’s “exceptionally rapid” demographic change
BoK launches facility to guard against dollar liquidity squeeze
South Korean central bank creates new facility to cut risk of dollar liquidity crisis, after extending Fed swap line