24 stories tagged #Bank of Korea

  1. South Korea Unifies Economic Policy Amidst Gold Market Uncertainty
    finance

    South Korea Unifies Economic Policy Amidst Gold Market Uncertainty

    South Korea aligns fiscal and monetary policies, a move closely watched by traders concerned with geopolitical risks impacting gold prices and global economic stability.

    last mo. 1 min read
  2. South Korea Producer Prices Surge to 3-Year High Amidst Oil Price Spike
    finance

    South Korea Producer Prices Surge to 3-Year High Amidst Oil Price Spike

    South Korea's producer prices saw their fastest annual increase in over three years in March, driven by a significant jump in oil and coal prices following Middle East conflict.

    last mo. 1 min read
  3. Bank of Korea Governor Pivots to CBDCs, Sidelines Stablecoins
    crypto

    Bank of Korea Governor Pivots to CBDCs, Sidelines Stablecoins

    New Bank of Korea Governor Shin Hyun-song prioritizes central bank digital currencies and bank-issued tokens, notably omitting stablecoins in his first policy address.

    last mo. 1 min read
  4. Bank of Korea Chief Signals Cautious, Flexible Monetary Policy Amid Inflation Fears
    finance

    Bank of Korea Chief Signals Cautious, Flexible Monetary Policy Amid Inflation Fears

    South Korea's new central bank governor emphasizes a cautious and flexible approach to monetary policy, prioritizing price and financial stability amid Middle East conflict-driven inflation and growth uncertainty.

    last mo. 1 min read
  5. Bank of Korea Nominee Signals Hawkish Shift on Inflation
    finance

    Bank of Korea Nominee Signals Hawkish Shift on Inflation

    Incoming Bank of Korea Governor nominee Shin Hyun-song indicates a potential shift towards tighter monetary policy, prioritizing price stability amidst rising import costs and geopolitical tensions.

    last mo. 1 min read
  6. South Korea Import Prices Surge to 3-Year High on Oil Costs
    finance

    South Korea Import Prices Surge to 3-Year High on Oil Costs

    South Korea's import prices saw their sharpest rise in over three years in March, driven by a significant surge in oil prices amid Middle East tensions.

    last mo. 1 min read
  7. Bank of Korea Nominee Prioritizes CBDC Over Stablecoins
    crypto

    Bank of Korea Nominee Prioritizes CBDC Over Stablecoins

    Bank of Korea nominee Shin Hyun-song backs a central bank digital currency model, envisioning a limited role for stablecoins, emphasizing AML and compliance.

    last mo. 1 min read
  8. Bank of Korea Nominee Backs Won Stablecoins for Future Currency Ecosystem
    finance

    Bank of Korea Nominee Backs Won Stablecoins for Future Currency Ecosystem

    Bank of Korea governor nominee Shin Hyun-song expresses support for introducing won-denominated stablecoins, seeing them as a future component of the currency ecosystem alongside central bank digital currencies.

    last mo. 1 min read