BOK to maintain tight money approach over inflation uncertainties
newscatcher
2023-09-14 09:37
BOK to maintain tight money approach over inflation uncertainties
Lee Sang-hyeong, Deputy Governor at Bank of Korea, center, speaks at a press conference held at the central bank's office in central Seoul on Thursday. [BOK] The Bank of Korea (BOK) will maintain restrictive monetary policy for a considerable time amid uncertainties that may accelerate inflation, including a rise in global oil prices and volatility in the won-dollar exchange rate, said the central bank in a report on Thursday. The BOK's Monetary Policy Board will 'evaluate the need for an additional policy rate increase' while operating a restrictive monetary policy that is centered on stabilizing inflation, it said.

https://n.news.naver.com/mnews/article/640/0000043357?sid=101

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