Arab Today, arab today bok improvement slow in households\ financial health
Last Updated : GMT 06:51:55
Arab Today, arab today
Arab Today, arab today

BOK: Improvement slow in households\' financial health

Arab Today, arab today

Arab Today, arab today BOK: Improvement slow in households\' financial health

Seoul - Yonhap

Households' debts are growing at a faster pace than income, delaying improvement in their financial health, South Korea's central bank said Wednesday. The Bank of Korea (BOK) said in a semi-annual financial stability report that South Korea could experience temporary volatility in cross-border capital flows as short-term foreign funds move in and out of the country due to the Federal Reserve's quantitative easing tapering

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