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Bank of Korea

The Bank of Korea (BOK; Korean: ????????????; Hanja: ????????????; RR: Hanguk Eunhaeng) is the central bank of South Korea and issuer of South Korean won. It was established on 12 June 1950 in Seoul, South Korea. The bank's primary purpose is price stability. For that, the bank targets inflation. The 2016???18 target is consumer price inflation of 2.0%. History 1950???1970 The Bank of Korea was established on 12 June 1950 under the Bank of Korea Act passed of 5 May 1950, taking over assets and operations from the simultaneously liquidated Bank of Ch??sen. It was given a wide range of functions in relation to monetary and financial policy, banking supervision...

e: 2000000000000070621

wikidata.org 0 views · 2024-12-26 22:53:28

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