How the Bank of Korea got through Covid-19

Seok Jun Yang, director general for reserves management at the Bank of Korea, speaks to OMFIF’s Pierre Ortlieb on macro and market developments over the course of the Covid-19 shock. They discuss how the Bank of Korea managed its reserves in response to the market turmoil of spring 2020, the global fiscal and monetary policy response to the pandemic and how to strengthen the global financial safety net for future crises.