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BOK heeds possibility of US rate hikes later this year

The Bank of Korea said it would remain vigilant following the US Federal Reserve’s decision to pause its interest rate hike cycle for the first time in 15 months, noting the possibility of a further increase later this year. The Federal Open Market Committee unanimously kept its key borrowing target range at 5 percent to 5.25 percent, after 10 consecutive rate increases since March last year. The rate freeze wa. ....

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Samsung to collaborate with Bank of Korea on CBDC

Samsung Electronics will conduct joint research with the Bank of Korea (BOK) to develop an ecosystem for a central bank digital currency (CBDC), according to the company, Monday. The two sides signed a memorandum of understanding that day at Samsung s headquarters in Suwon, Gyeonggi Province. CBDC is a central bank-issued digital currency and many countries are preparing to launch their own digital currencies for more transparent and secure transactions. ....

Cheju Do , South Korea , Kyonggi Do , Baek Byung Yeul , Xperience Mx Division , Samsung Electronics , Xperience Mx Division Of Samsung Electronics , Courtesy Of Samsung Electronics , Choi Won Joon , Lee Seung Heon , Gyeonggi Province , Deputy Governor Lee Seung Heon , South Korea , He Korea Times , Orea Times , Orean News In English ,

S. Korea wary of greater market volatility over Silicon Valley Bank failure – The Korea Times

S. Korea wary of greater market volatility over Silicon Valley Bank failure – The Korea Times
koreatimesus.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimesus.com Daily Mail and Mail on Sunday newspapers.

South Korea , Kim Joo Hyun , Lee Bok Hyun , Us Stock Exchange Commission , Financial Group , National Pension Service , Financial Supervisory Service , Financial Services Commission , United State Silicon Valley Bank , Finance Minister Choo Kyung Ho , Lee Seung Heon , Choi Sang Mok ,