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The Bank of Korea was established on 12 June 1950 under the Bank of Korea Act passed of 5 May 1950, taking over assets and operations from the simultaneously liquidated Bank of Chōsen. [2] It was given a wide range of functions in relation to monetary and financial policy, banking supervision, and foreign exchange policy.
Rhee Changyong (Korean: 이창용; Hanja: 李昌鏞; born 16 May 1960) is a South Korean economist currently serving as the 26th Governor of the Bank of Korea from April 2022. [ 1 ] In March 2022 President Moon Jae-in tapped Rhee who had led the Asia and Pacific Department at the International Monetary Fund over 8 years for the country's top ...
Lee Ju-yeol (Korean: 이주열; born 24 July 1952) is a South Korean economist and technocrat served as the 25th Governor of the Bank of Korea, the South Korean central bank, from 2014 to 2022. [1]
South Korea's central bank will maintain its inflation target of 2% until the next policy review, as the era of "low-inflation" is unlikely to come in a year or two, the bank's governor said on ...
The Bank of Korea lowered its key interest rate by a quarter percentage point to 3.25% following a meeting of its monetary policy committee, in its first move to lower borrowing costs since May ...
The Bank of Korea delivered its second-ever 50-basis-point rate hike on Wednesday and made clear the won's 6.5% slide against the dollar in September that drove up import costs played a major role ...
Pages in category "Governors of the Bank of Korea" The following 6 pages are in this category, out of 6 total. This list may not reflect recent changes. C.
The Bank of Chōsen or Bank of Joseon (Japanese: 朝鮮銀行, Korean: 조선은행), [1] known in 1909-1911 as the Bank of Korea (Japanese: 韓國銀行, romanized: Kankoku Ginkō, Korean: 한국은행, romanized: Hanguk Eunhaeng), was a colonial bank that served as bank of issue for Korea under Japanese rule as well as being a commercial bank, with significant operations beyond Korea.