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Shin Hyun-song, Bank of Korea governor, pushes digital currency and won internationalisation, sets four tasks

Shin Hyun-song (신현송), the new governor of the Bank of Korea, set out four core tasks in his inaugural address on Monday: price and financial stability, internationalisation of the won, responding to digital currency and contributing to structural reform. He cited uncertainty from supply shocks linked to the Middle East war and shifts in financial conditions, and said he would pursue cautious and flexible monetary policy while strengthening early-warning tools and expanding analysis beyond traditional financial indicators.