Choongsoo Kim: Challenges and policy responses to the euro crisis Opening remarks by Mr Choongsoo Kim, Governor of the Bank of Korea, at the SEACEN-BIS Executive Seminar, Busan, 24 September 2012. *  *  *  Distinguished Deputy Governors, delegates of SEACEN member central banks! Ladies and gentlemen!
Nevertheless, the price pressures will likely remain subdued overall, in part reflecting low wage pressures, in the context of still significant economic slack, and the appreciation of the euro exchange rate.