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S. Korea Expected to Announce Nominee for Next BOK Chief Next Monday

S. Korea Expected to Announce Nominee for Next BOK Chief Next Monday

SEOUL, March 2 (Korea Bizwire) – President Moon Jae-in is expected to announce the nominee for the next governor of the Bank of Korea (BOK) early next week, a presidential official said Friday. Asked whether the presidential office will make the announcement next Monday, the official replied, “It is likely.”  BOK Gov. Lee Ju-yeol’s four-year term concludes at the end of this month and the new BOK head is facing challenges [...]

Finance Minister, BOK Chief Agree on Policy Harmony

Finance Minister, BOK Chief Agree on Policy Harmony

SEOUL, Jan. 15 (Korea Bizwire) -South Korea’s finance minister and the central bank chief agreed Friday to strengthen cooperation in managing economic and monetary policies in a bid to tide over current challenges at home and abroad. At their first meeting since Finance Minister Yoo Il-ho took office on Wednesday, Yoo and Bank of Korea [...]