The governor of the Bank of Korea will travel to Singapore later this week to attend a meeting of top central bankers from the East Asia and Pacific region.

The gathering will focus on recent financial developments and policy coordination across the region.

The visit comes at a time when the Bank of Korea has signaled a readiness to tighten monetary policy.

Recent comments from the central bank's leadership indicated that policymakers are prepared to raise interest rates at an appropriate time, citing the need to monitor persistent inflationary pressures.

This marks a shift toward a more hawkish stance as the bank weighs various economic factors.

The Asia-Pacific central bankers' meeting provides a platform for discussing these diverging policy paths and their implications for regional financial stability.