Money Supply up 12.7 Trillion Won in July… Demand Deposits See Record Low Decline
4 Articles
4 Articles
(Seoul = Yonhap News) Reporter Park Soo-hyun = The money supply surged by nearly 13 trillion won last July due to factors such as the inflow of deposits from semiconductor companies and an increase in savings and deposits, marking the ninth consecutive month...
In July, fiat currency (M2) increased by 12.7 trillion won to 4225.6 trillion won. The increase was maintained for 9 months, but the increase slowed by half compared to June. Funding from non-financial companies increased, but household funds continued to decline.
Money supply continues to rise in July on short-term deposits
SEOUL, Sept. 15 (Yonhap) -- South Korea's money supply continued to rise in July from a month earlier, driven by increases in short-term deposits and money trusts, central bank data showed Tuesday.The country's M2, a key gauge of the money su
The money supply continued its upward trend for the eighth consecutive month as the amount of money released into the market increased by more than 12 trillion won last July.
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