The Bank's primary purpose is price stability. For that, the Bank targets inflation. The 2010–12 target is consumer price inflation of 3.0 ± 1%.
Other articles related to "bank of korea":
... The Bank of Korea may, when the Monetary Policy Committee deems it necessary for the implementation of monetary and credit policies, request the FSS to perform ... The Bank of Korea may also request the FSS to send the result of examination and ask for certain necessary corrective measures based on the results ... When the FSC takes measures that are directly related to monetary and/or credit policies, the Bank of Korea may ask for reconsideration of the measures if it has any objections ...
Famous quotes containing the words bank of and/or bank:
“When she could hide him no longer she got a papyrus basket for him, and plastered it with bitumen and pitch; she put the child in it and placed it among the reeds on the bank of the river.”
—Bible: Hebrew, Exodus 2:3.
“O Gold! I still prefer thee unto paper,
Which makes bank credit like a bark of vapour.”
—George Gordon Noel Byron (17881824)