Bank of Korea

The Bank of Korea (BOK) is the central bank of South Korea and issuer of South Korean won. It was established on June 12, 1950 at Seoul, South Korea.

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%.

Read more about Bank Of Korea:  History, Primary Purpose, Governors of The Bank of Korea

Other articles related to "bank of korea":

Financial Supervisory Service (South Korea) - External Relations - 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 ...

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