S. Korean central bank chief to attend BIS meeting next week

SEOUL, Sept. 7 (Yonhap) -- South Korea's top monetary policymaker will attend a meeting of the world's central bank governors in Switzerland next week, the Bank of Korea (BOK) said Friday.

BOK Gov. Lee Ju-yeol is scheduled to leave for the northwestern Swiss city of Basel on Saturday for the meetings of the Bank of International Settlement (BIS). He will exchange views with his counterparts from major economies on current global economic situations and financial market conditions.

The two-day meeting is to kick off Sunday, with the BOK chief to return home next Wednesday, according to his office.

The BIS is an international financial institution that serves as a bank for central banks, providing services only to such banks. It currently has 60 member central banks and monetary authorities, including those representing the United States, Britain and France.

Source: Yonhap News Agency

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