Sizable global oil price uncertainty lingers over Korean economy: BOK chief 이주

Bank of Korea Governor Lee Ju-yeol says... the central bank is keeping a close eye on global oil prices,... given the growing uncertainties. During a meeting with economic experts on Wednesday,... Lee said... the Korean economy could easily be affected by crude oil prices... so the bank is devising scenarios for both cases - if prices fall further or rebound. The governor also said... they are looking into... just how long the low price trend will continue, saying that the bank had expected oil prices to rebound in the second half of the year,... when it released its new growth outlook earlier this month.