Bank of Korea

E43238

The Bank of Korea is the central bank of South Korea, responsible for formulating and implementing the nation’s monetary policy and maintaining financial stability.

Aliases (2)

Statements (48)
Predicate Object
instanceOf central bank
public institution
architecturalStyle neoclassical architecture
continent Asia
country South Korea
currencyCode KRW
currencyManaged South Korean won
employerOf central bank economists
monetary policy analysts
foundedBy Government of Korea
governingBody Monetary Policy Board
governs base interest rate in South Korea
hasBuildingUse central bank headquarters
hasDivision Monetary Policy Board
hasLogo Bank of Korea logo
hasMainBuilding Bank of Korea main building
headquartersLocation Jung District, Seoul
Seoul
inception 1950
issues South Korean banknotes
South Korean coins
languageOfWorkOrName English
Korean
legalForm statutory corporation
locatedInTheAdministrativeTerritorialEntity Seoul
South Korea
locatedInTimeZone Korea Standard Time
manages foreign exchange policy instruments
memberOf Bank for International Settlements
Executives' Meeting of East Asia-Pacific Central Banks
International Monetary Fund
monitors payment systems in South Korea
nativeName 韓國銀行
한국은행
officialWebsite https://www.bok.or.kr
operatesInSector banking
financial services
public finance
primaryRole currency issuance
financial stability maintenance
lender of last resort
monetary policy formulation
price stability maintenance
publishes economic statistics
monetary policy reports
regulates money supply in South Korea
shortName BOK
supervises foreign exchange reserves of South Korea

Referenced by (5)

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