South Korea Records Slowest Inflation Growth in 10 Months
South Korea’s consumer prices in February grew at their slowest pace in 10 months, supporting views that the central bank might be finished with its current cycle of policy tightening. The consumer price index (CPI) rose 4.8% year-on-year in February, down from January’s 5.2%, according to data from Statistics Korea released on Monday (March 06). […]
South Korea’s Pension Fund Eyes Reviving FX Swap with Central Bank
South Korea’s National Pension Service (NPS), the world’s third-largest public pension fund, is prepared to collaborate with foreign exchange authorities to help stabilize the market when necessary. NPS Chairman Kim Tae-hyun told Reuters that re-establishing a currency swap arrangement with South Korea’s central bank could be a part of this collaboration. The previous FX swap […]
