Head of reserve management Heung Sik Choo confirms Bank of Korea will make first investments in Chinese renminbi this year
Chinese renminbi looks poised for reserve status, but still no consensus on when it will happen due to forces beyond "anyone's control", senior academic tells FX Week Asia conference in Singapore
Despite most Asian banks remaining insulated from the eurozone debt crisis, Korean banks are at greatest risk due to their reliance on high levels of external borrowing, according to RBS report. Meanwhile, the growth of the renminbi presents a liquidity...
Deputy director says IMF research shows central bank reserve managers withdrew $500 billion from deposits at commercial banks during crisis