Invest Korea

According to Yonhap News,

(SEOUL=Yonhap News) South Korea's top monetary policymaker will attend a meeting of the world's central bank governors in Switzerland this weekend, the Bank of Korea (BOK) said Wednesday.

BOK Gov. Lee Ju-yeol is scheduled to leave for the northwestern Swiss city of Basel on Thursday to exchange views with his counterparts from major economies over the two days of meetings of the Bank of International Settlement (BIS).

The meeting will be held on Saturday and Sunday with the BOK chief set to return home next Tuesday.

The BIS is an international financial institution that serves as a bank for central banks, providing services only to central banks. It currently has 60 member central banks and monetary authorities, including those representing the United States, Britain and France.

brk@yna.co.kr

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Source Text

** This article was translated from Korean.

Source: Yonhap News (June 20, 2018)