Bank Of Korea
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South Korea’s Central Bank Dismisses Bitcoin as Reserved Asset Citing Uncertainty, Risks: Report
The Bank of Korea (BoK) has reportedly said that Bitcoin’s volatility is a matter of risk and concern for the country’s national stability. The BoK said that it had not even begun to review the possibility of having Bitcoin as a reserved asset alongside gold and fiat currencies among other securities.
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Bank of Korea's 2nd Phase of CBDC Tests Reveal Limitations in Blockchain Technology
The Bank of Korea (BOK) said Monday it has found some technical "restrictions" standing in the way of the introduction of a central bank digital currency (CBDC) as it has completed a mock test on the feasibility of the new form of digital money.
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No, South Korea Doesn’t Need Another IMF Rescue
It does need to find a way out of this rut, though.
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That Lone Rate Hike Was Probably One Too Many
South Korea’s central bank nudged interest rates up just as activity cooled. There’s little clamor for a repeat.
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Won Looks to Bank of Korea for Hawkish Signal to Provide Support
Renewed won weakness may further stoke price pressures after the September inflation rate accelerated toward the BOK’s 2% target.
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Sanctions Push North Korea's Economy Into Reverse
Struggling North Korea’s economy should give Trump greater leverage to urge Kim Jong Un to abandon nuclear programs.
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Bank of Korea Holds Interest Rate as Inflation Trails Target
The Bank of Korea left its key interest rate unchanged on Thursday, as inflation remains below target.
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Bank of Korea Leads the Way in Asia With Interest-Rate Hike
The Bank of Korea raised its benchmark interest rate for the first time since 2011.
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Asian Central Banks Lean on Wide Mandates as Fed Eyes Tightening
Asia’s central banks have a dizzying array of mandates to guide their response.
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Asian Central Banks Lean on Wide Mandates as Fed Eyes Tightening
Asia’s central banks have a dizzying array of mandates to guide their response.
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South Korea's Growth Improves On Better Consumption
South Korea's economic growth improved in the second quarter of the year, helped by stronger private spending and housing construction.
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South Korea Economy Rebounds After MERS Outbreak
A rebound in consumer spending following the end of a national health scare over an outbreak of the MERS virus saw South Korea's economic growth accelerate to a five-year high in the third quarter.
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World to Fed: We're Prepared for US Rate Hike, So Don't Delay
Central bankers from around the world are telling their American counterparts that they are ready for a US interest rate hike and would prefer that the Federal Reserve make the move without further ado.
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South Korea Unveils Stimulus After Ferry Sinking
South Korea's government unveiled stimulus plans Thursday after the shock of a deadly ferry sinking slowed economic growth to the lowest level in three quarters.
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Shock of Ferry Sinking Slows South Korea Economy
South Korea's economic growth hit its lowest level in three quarters after a deadly ferry sinking dented consumer spending, the central bank said Thursday.
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South Korea’s Central Bank Dismisses Bitcoin as Reserved Asset Citing Uncertainty, Risks: Report
The Bank of Korea (BoK) has reportedly said that Bitcoin’s volatility is a matter of risk and concern for the country’s national stability. The BoK said that it had not even begun to review the possibility of having Bitcoin as a reserved asset alongside gold and fiat currencies among other securities.
-
Bank of Korea's 2nd Phase of CBDC Tests Reveal Limitations in Blockchain Technology
The Bank of Korea (BOK) said Monday it has found some technical "restrictions" standing in the way of the introduction of a central bank digital currency (CBDC) as it has completed a mock test on the feasibility of the new form of digital money.
-
No, South Korea Doesn’t Need Another IMF Rescue
It does need to find a way out of this rut, though.
-
That Lone Rate Hike Was Probably One Too Many
South Korea’s central bank nudged interest rates up just as activity cooled. There’s little clamor for a repeat.
-
Won Looks to Bank of Korea for Hawkish Signal to Provide Support
Renewed won weakness may further stoke price pressures after the September inflation rate accelerated toward the BOK’s 2% target.
-
Sanctions Push North Korea's Economy Into Reverse
Struggling North Korea’s economy should give Trump greater leverage to urge Kim Jong Un to abandon nuclear programs.
-
Bank of Korea Holds Interest Rate as Inflation Trails Target
The Bank of Korea left its key interest rate unchanged on Thursday, as inflation remains below target.
-
Bank of Korea Leads the Way in Asia With Interest-Rate Hike
The Bank of Korea raised its benchmark interest rate for the first time since 2011.
-
Asian Central Banks Lean on Wide Mandates as Fed Eyes Tightening
Asia’s central banks have a dizzying array of mandates to guide their response.
-
Asian Central Banks Lean on Wide Mandates as Fed Eyes Tightening
Asia’s central banks have a dizzying array of mandates to guide their response.
-
South Korea's Growth Improves On Better Consumption
South Korea's economic growth improved in the second quarter of the year, helped by stronger private spending and housing construction.
-
South Korea Economy Rebounds After MERS Outbreak
A rebound in consumer spending following the end of a national health scare over an outbreak of the MERS virus saw South Korea's economic growth accelerate to a five-year high in the third quarter.
-
World to Fed: We're Prepared for US Rate Hike, So Don't Delay
Central bankers from around the world are telling their American counterparts that they are ready for a US interest rate hike and would prefer that the Federal Reserve make the move without further ado.
-
South Korea Unveils Stimulus After Ferry Sinking
South Korea's government unveiled stimulus plans Thursday after the shock of a deadly ferry sinking slowed economic growth to the lowest level in three quarters.
-
Shock of Ferry Sinking Slows South Korea Economy
South Korea's economic growth hit its lowest level in three quarters after a deadly ferry sinking dented consumer spending, the central bank said Thursday.
