News list for "Bank of Korea"
Rhee Chang-yong, governor of the Bank of Korea (central bank), said that "if you rashly introduce the Korean won stablecoin, you will be very worried about exchange rate fluctuations in the foreign exchange market and capital outflows." President Li that day...
According to market news, Zheng Xingshun, head of the Reserve Investment Department of the Bank of Korea, said that the Bank of Korea plans to consider additional purchases of gold in the medium to long term.
Rhee Chang-yong, governor of the Bank of Korea: Compared with other countries, the price of the Korean stock market is not high.
The Bank of Korea kept interest rates unchanged, in line with market expectations.
On October 17, 2025, the 14th China-Japan-ROK Central Bank Governors' Meeting was held in Washington. Kazuo Ueda, Governor of the Bank of Japan, chaired the meeting, and Pan Gongsheng, Governor of the People's Bank of China, and Ri Changyong, Governor of the Bank of Korea, attended the meeting. At the meeting, all parties exchanged views on the recent economic and financial situation and other topics. The 15th China-Japan-ROK Central Bank Governors' Meeting will be held by the Bank of Korea in 2...
The governor of the Bank of Korea, Rhee Chang-yong, said that he has held talks with the finance minister and regulators on the issue of stablecoins.
At a joint event that brought together industry and academia to focus on stablecoins, the head of the Bank of Korea's digital currency research laboratory expressed his views on stablecoins, arguing that stablecoins need to be supported by the central bank. Yun Sung-guan, an official at the Bank of Korea, said: "Stablecoins are not new currencies, but the product of tokenizing existing currencies on a distributed ledger." He further added: "To achieve stable operation, the central bank still nee...
The Bank of Korea left the base rate unchanged at 2.50 percent, in line with market expectations.
The Bank of Korea is likely to keep interest rates unchanged for the second time in a row at its policy meeting on Thursday. A survey of 27 economists conducted by the Wall Street Journal showed that 20 economists do not expect to adjust interest rates, while the remaining seven are expected to cut rates. Goldman Sachs economists led by Goohoon Kwon said in a report that taking a dovish stance will give the Bank of Korea room to monitor trends in household debt, assess the effects of continued f...
"The Ministry of Finance and Bank of Korea will definitely discuss how to regulate stablecoins issued overseas," Lee Chang-yong, governor of the Bank of Korea, said on the 19th. At a meeting of the Congressional Planning and Finance Committee on the same day, Democratic Congressman Kim Taenian pointed out: "The United States, Japan and the European Union have passed regulations such as the GENIUS Act, the Funds Settlement Act and the Crypto Asset Market Regulation Act (MiCA) respectively, which ...
