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South Korea's money supply jumped 1.3% in August, its fastest monthly rise since March 2024, driven by rising deposits and investments.
South Korea's money supply, measured by M2, rose 1.3% in August from July, reaching 4,400.2 trillion won ($3.08 trillion), the fastest monthly increase since March 2024 and the largest year-on-year gain since July 2022.
This marks the seventh consecutive monthly rise since April, driven by growing demand deposits, investment trusts, and bond-type funds, amid strong stock market activity and increased local government spending.
The central bank continues to monitor the trend as part of ongoing monetary easing.
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La oferta monetaria de Corea del Sur saltó un 1,3% en agosto, su aumento mensual más rápido desde marzo de 2024, impulsado por el aumento de los depósitos y las inversiones.