IMF calls for restrictive policy; BOK chief says exchange-rate stability also matters

Bank of Korea Gov. Shin Hyun-song says a currency appreciation can increase the purchasing power of households and thus help "shift the balance" from the externally facing export sector toward the domestic sector. (Photo by Ken Kobayashi)
JADA NAGUMO
October 14, 2026 10:14 JST
BANGKOK -- The responses of central banks to inflation have become a key topic during the International Monetary Fund and World Bank annual meetings in Bangkok, as the limits of conventional monetary policy come into sharper focus.
