Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag South Korea's money supply grows for 20 months, driven by savings and financial product demand.

flag South Korea's money supply has grown for the 20th straight month, with broad money (M2) increasing 0.5% in January to 4,203.8 trillion won (about $2.9 trillion USD). flag The growth is fueled by high demand for savings deposits and financial products. flag Narrow money (M1) also rose 0.6% month-on-month, and the Bank of Korea recently cut its benchmark interest rate by 0.25 percentage points to 2.75%.

3 Articles

Further Reading