Friday, March 3, 2017

Lee Ju-yeol "digital innovation, monetary policy can influence propagation path."



[Korea financial newspaper choice is News] Lee Ju-yeol Governor of the Bank of Korea (photo) is a special interest in being able to influence the digital innovation payment system operations in three days, the central bank entry changes the ripple path of monetary policy there have, he said.

The governor Lee Ju-yeol Wednesday morning, Jung-gu, Seoul on the market bankers and finance councils at the Bank of Korea, the relevant virtual currency such as Bitcoin United States, Japan, is part of the legislative push 'and mentioned that it is explained thus.

Lee Ju-yeol governor cited the fact that risk factors at the same time, new opportunities for digital innovation in financial markets, including the pin deck. Fragmentation effect, de-intermediation of financial markets due to innovative digital artist on financial stability, also said the main topics discussed.

The governor Lee Ju-yeol, a digital innovation itgetda need to participate actively in international discussions to be deployed in the future so as to have a profound impact on finance, economy-wide activities of each economic agent and thoroughly prepare "he said.

Egen commercial bankers were especially highlighted the financial risks division. The governor Lee Ju-yeol, because digitization of the financial sector, but they also risk the chance itgetda need to pay attention to risk management and the expansion of new business areas using digital technology being developed by the banks' he said.

Also coming 17 to 18 regarding 'G20 Finance Ministers and Central Bank Governors Meeting, held in Germany, Lee Ju-yeol governor predicts that "recently, to reflect the rapidly changing global economic environment, a variety of issues, including trade and exchange rate issues are expected to be discussed' .

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