BOK Nominee Urges Flexible Policy Amid Iran War Risks
BOK nominee Shin Hyun-song says flexible policy is needed to manage Iran war risks. He also supports an extra budget to help low-income people hit by the war.
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Shin Hyun-song, the nominee for the governorship of the Bank of Korea, stated on Tuesday that the central bank must maintain a flexible monetary policy to navigate the increasing risks stemming from the conflict in Iran. During a meeting with reporters, Shin identified the crisis in the Middle East as the preeminent threat currently facing the economy of South Korea.
