Bank of Korea
2 articlesThe Bank of Korea is South Korea's central bank and the issuer of won banknotes. Its Monetary Policy Board sets policy, while the bank manages reserves, liquidity, settlement systems and financial-stability analysis. Coins and the physical production of notes involve the Korea Minting and Security Printing Corporation under separate arrangements. The institution governs the KRW monetary framework but is not the won itself, nor should it be confused with North Korea's central bank.
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