South Korea’s central bank governor announced on Tuesday that they would do their best to ensure Korea’s economy with a soft landing even with extreme concerns over internal and external uncertainty.
Governor Rhee Chang-yong also said that the bank will focus on growth and changes in financial and foreign exchange markets while keeping a close eye on monetary policy to maintain inflation.
The BOK will hold a meeting to decide about the first monetary policy of this year on January 13, after a cumulative increase of 275 basis points to 3.25% since August 2021.
The governor said the bank has a proactive policy to maintain market stability when necessary through close communication and cooperation with related authorities.
