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Bank of Korea, Bank of Mongolia Revise Cooperation Agreement on July 9

2026-07-10 01:09:43

The Bank of Korea and the Bank of Mongolia revised a memorandum of understanding (MOU) on July 9, covering cooperation in monetary policy, financial stability, and payment systems, according to the Bank of Korea's announcement on July 10. The two central banks originally signed an MOU in 2011 and have now specified the scope of cooperation and operational methods. The revised agreement adds working-level meetings to complement existing workshops and seminars, enhancing the effectiveness of bilateral collaboration.

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