Bank of Korea

CPI rose 2.8 per cent in July from a year earlier

Both currencies are so tightly coupled that a joint intervention could double the impact, says an analyst

The reforms underscore the government’s desire for currency internationalisation

It says the economic growth rate for South Korea is expected to ‘considerably exceed’ the bank’s May forecast of 2.6%

The index triggered a circuit breaker for the sixth time this year earlier this week

The central bank also flags rising credit risks among vulnerable borrowers and businesses

The central bank targets inflation at 2% in the medium term

Its Customs Service uncovers 415.4 billion won in illegal FX transactions at 38 firms between January and May

Policymakers are confronting a rare mix of cost-push and demand-driven inflation pressures