□ The Bank of Korea (the “Bank”) will decide whether and when to implement any further Base Rate cuts, based on comprehensive assessment of inflation and growth developments, as well as changes in financial stability conditions.

□ The Bank will strengthen monitoring and risk management for financial and foreign exchange markets and the financial system, and will implement market stabilization measures in a timely manner when necessary.

□ The Bank will continue to improve its lending facilities to ensure financial system stability, and will expand the role of the Bank Intermediated Lending Support Facility as a monetary policy instrument.

□ The Bank will enhance the effectiveness of monetary policy by strengthening policy communication and improving the financial market system.

□ The Bank will continue efforts to improve the payment and settlement system infrastructure, with a view to further advancing the system.

- Please see the attached file for details