The newly appointed chief of the Bank of Korea has reiterated a commitment to a cautious and flexible monetary policy, emphasizing its necessity to navigate economic uncertainties, particularly those stemming from the ongoing Middle East crisis and Iran risks.

The South Korean Parliament has adopted the confirmation hearing report for the nominee to head the Bank of Korea.

The outgoing chief of the Bank of Korea emphasized the need for the central bank to adopt a broader role in addressing long-term economic challenges beyond traditional monetary policy.

Shin Hyun-song, the nominee for governor of the Bank of Korea, stated that price stability would be the central bank’s top priority, citing rising external uncertainty as a driver of both inflationary pressure and growth risks.

The incoming head of the Bank of Korea has indicated a potential shift towards a more hawkish monetary policy stance, driven by concerns over surging import costs.

Shin Hyun-song, the nominee for Bank of Korea governor, has pledged to sell a significant portion of his foreign currency-denominated financial assets. This decision comes amidst controversy and he plans to further reduce his exposure.

The Bank of Korea maintained its key interest rate for the seventh consecutive meeting, citing ongoing uncertainty in the Middle East as a key factor in its decision.

The confirmation hearing for the nominee to lead the Bank of Korea has been scheduled for April 15.

South Korea's foreign exchange authorities indicated readiness to intervene in currency markets after the won depreciated to its weakest level since the global financial crisis.

Lee Soo-hyung, a member of the Bank of Korea's Monetary Policy Board, addressed an American Chamber of Commerce in Korea forum to discuss the nation's monetary policy direction and economic outlook.

South Korean bond yields are expected to remain capped as the Bank of Korea signals a delay in interest rate hikes, influencing the nation's financial outlook.

The Bank of Korea has once again decided to keep its key interest rate unchanged, citing ongoing economic recovery alongside market uncertainties.

The Bank of Korea has adopted a new forward guidance strategy, aligning its communication with the US Federal Reserve's dot plot to provide clearer signals on future monetary policy.

South Korea's producer prices rose for a fifth consecutive month in January, driven by a marked increase in semiconductor prices and higher agricultural costs, central bank data showed Tuesday. The producer price index , a key gauge of future consumer inflation, climbed 0.6 percent from a month earlier to 122.50 in January, accelerating from a 0.4 percent rise in December, according to the preliminary data from the Bank of Korea. The index has increased steadily since September, rising 0.4 perce

South Korean President Lee Jae Myung approved the appointment of Shin Hyun-song as the new governor of the Bank of Korea, with his term set to begin on Tuesday.

The National Assembly adopted the confirmation hearing report for Bank of Korea governor nominee Shin Hyun-song, paving the way for his appointment after a delay.

Bank of Korea economists attribute the Korean won's higher volatility compared to other major currencies to the limited depth of its foreign exchange market, as detailed in a recent central bank paper.

Shin, the nominee for the Bank of Korea chief, has issued an apology regarding a controversy stemming from personal issues.

The Bank of Korea governor nominee has expressed a positive outlook on the potential for won-denominated stablecoins, indicating a potential shift in the central bank's approach to digital currencies.

The head of the Bank of Korea is scheduled to participate in the upcoming G20 and IMF-World Bank Group meetings in Washington D.C.

The Bank of Korea maintained its benchmark interest rate at 2.5 percent, citing concerns over the volatility of the Korean won and increasing inflationary pressures, partly linked to the Iran conflict.

Bank of Korea governor nominee Shin Hyun-song is facing scrutiny over potential conflicts of interest due to more than half of his assets being held overseas, with nearly all financial assets denominated in foreign currencies.

A veteran crisis caller, Shin, is expected to bring a more hawkish tone to the Bank of Korea following his appointment, potentially influencing the nation's monetary policy.

A U.S. business lobby held discussions with a board member of the Bank of Korea (BOK) to review the current economic outlook.

South Korea recorded its fifth-largest monthly current account surplus in January, driven by a semiconductor upcycle and strong exports, central bank data showed Friday. The current account surplus totaled $13.26 billion in January, down from $18.7 billion in December, according to the Bank of Korea. Compared with the same month a year earlier, however, the figure surged 397.4 percent, marking the fifth-largest monthly surplus on record. South Korea has recorded a current account surplus every m

The Bank of Korea has increased its growth forecast for the South Korean economy to 2 percent for this year, citing strong exports and a recovery in private consumption.

A survey indicates that 99% of bond experts expect the Bank of Korea to maintain its key interest rate at the current level.

The Bank of Korea forecasts significantly higher GDP growth, primarily attributing this positive outlook to a boom in the chip industry.

Lee has officially appointed the new governor for the Bank of Korea following parliamentary confirmation.

The Export-Import Bank of Korea has provided €100 million ($117.5 million) in financing for the Kinali-Malkara Motorway Construction and Operation Project in Turkey, led by Korea Expressway Corporation.

Shin Hyun-song, nominee for Bank of Korea governor, has disclosed an 8.2 billion won ($5.6 million) asset portfolio, offering insight into his investment philosophy shaped by global experience and a cautious approach to diversification.

The nominee for the Bank of Korea is anticipated to prioritize price stability as a key policy objective. This focus suggests a commitment to controlling inflation and maintaining economic equilibrium in South Korea.

The Bank of Korea is advocating for the implementation of circuit breakers on cryptocurrency exchanges following an error experienced by Bithumb, aiming to enhance market stability.

The Bank of Korea has decided to keep its interest rates unchanged, citing risks to prices and economic growth stemming from the ongoing Iran war.

A Reuters poll indicates that the Bank of Korea is likely to hold its benchmark interest rate at 2.50%, as persistent war-driven uncertainty continues to impact the global economic outlook.

The Bank of Korea (BOK) has indicated that a price hike is likely to accelerate after April, primarily driven by persistently high oil prices. This forecast signals potential inflationary pressures.

The Bank of Korea said a supplementary budget being discussed to cushion the economic fallout from the war in the Middle East is unlikely to significantly fan inflation, even as oil-driven cost…

The Export-Import Bank of Korea has signed a tripartite memorandum of understanding with Korea Hydro & Nuclear Power and Manila Electric Company to support nuclear power development in the Philippines.

South Korea's central bank maintained its benchmark interest rate for the sixth consecutive meeting, citing stronger-than-expected growth and efforts to ensure financial stability amidst a weak currency and unstable housing market.

A Reuters poll indicates that the Bank of Korea is expected to keep interest rates steady at 2.50% through 2026.

Industrial Bank of Korea President Chang Min-young has taken office, committing to deploy 300 trillion won ($207 billion) by 2030 to support the government's productive finance initiatives.