KOREA'S CENTRAL BANK TO FREE INTEREST RATES ON SOME DEPOSITS. (31-DEC-02) AsiaPulse News

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KOREA'S CENTRAL BANK TO FREE INTEREST RATES ON SOME DEPOSITS.

Publication: AsiaPulse News

Publication Date: 31-DEC-02

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SEOUL, Dec 31 Asia Pulse - Park Seung, governor of the Bank of Korea, said today the central bank would consider abolishing interest rates on demand deposits next year in an effort to conclude the interest rate liberalization plan that began in 1991.

The central bank governor, in his new...

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