This article is about Bank of Korea after 1950. For Bank of Korea before 1950, see Bank of Korea (1909–1950).
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Bank of Korea 한국은행
Headquarters in Seoul
Headquarters
Seoul, South Korea
Established
12 June 1950; 74 years ago (1950-06-12)
Ownership
Government of South Korea[1]
Governor
Rhee Chang-yong
Central bank of
South Korea
Currency
South Korean won KRW (ISO 4217)
Reserves
US$510 million[1]
Website
bok.or.kr
Bank of Korea
Hangul
한국은행
Hanja
韓國銀行
Revised Romanization
Hanguk Eunhaeng
McCune–Reischauer
Han'guk Ŭnhaeng
The bank of Korea Gwangju and Jeonnam Breau
The Bank of Korea (BOK; Korean: 한국은행; Hanja: 韓國銀行; RR: Hanguk Eunhaeng) is the central bank of the Republic of 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%.
^ abWeidner, Jan (2017). "The Organisation and Structure of Central Banks" (PDF). Katalog der Deutschen Nationalbibliothek.
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