south koreas m2 money supply continues to grow in march
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

South Korea's M2 Money supply continues to grow in March

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice South Korea's M2 Money supply continues to grow in March

South Korea's M2 Money supply continues to grow in March
Seoul - QNA

South Korea's M2 money supply grew from a month earlier in March on a rise in cash flows and short-term deposits, central bank data showed Thursday.

    The M2 came to 2,296.8 trillion won about (US$1.97 trillion) as of end-March, up 0.8% from 2,279.1 trillion won tallied a month earlier, according to preliminary data from the Bank of Korea (BOK).

    M2 refers to currency in circulation, including bank debentures and deposits with a maturity of less than two years, along with stock investments. It, however, does not include government or corporate bonds.

    The growth in March marks an acceleration from a 0.5% on-month increase in the previous month. From a year earlier, the March figure also marks a 7.8% surge, according to South Korea's (Yonhap) News Agency.

    The BOK attributed the increase in money supply to a rise in deposits and securities investment. As of the end of March, savings deposits gained 6.9 trillion won from the previous month with the amount in demand deposit accounts also rising 3.8 trillion won over the cited period, the central bank data showed. 

    The amount of cash in circulation also gained 4.4% on-month to some 78.73 trillion won as of end-March. South Korea's money supply has been on a steady rise since the start of 2015, or after the BOK began slashing its policy rate in August 2014 to help bolster growth in Asia's fourth-largest economy. 

    The central bank has stood pat on its key rate since June 2015 after sending it to a record low level of 1.5% through four rate cuts in less than a year. The BOK is set to hold its monthly rate-setting meeting on Friday, where it is widely expected to extend its wait-and-see mode for another month.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

south koreas m2 money supply continues to grow in march south koreas m2 money supply continues to grow in march

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

south koreas m2 money supply continues to grow in march south koreas m2 money supply continues to grow in march

 



GMT 11:03 2018 Tuesday ,23 January

No end to eyesores at Taj Mahal

GMT 10:18 2018 Thursday ,30 August

Iran incapable of closing Hormuz, Bab Al Mandeb

GMT 10:31 2014 Tuesday ,23 December

Mirages of failure: Lebanon cannot wait

GMT 04:53 2016 Monday ,16 May

English Premier League results

GMT 05:06 2024 Tuesday ,06 February

New hunt for flight MH370 gets under way

GMT 06:15 2018 Tuesday ,23 January

Volkswagen clinches record sales

GMT 13:13 2016 Wednesday ,14 December

Unarmed old man killed by police in California

GMT 15:00 2017 Wednesday ,08 March

1 killed, 2 missing due to Avalanche in French Alps

GMT 12:07 2017 Saturday ,25 February

Renault’s R.S.17 features Infiniti co-built ERS

GMT 12:52 2017 Saturday ,04 November

Belgium 'to study' Spain's EU warrant for Catalan leader

GMT 08:40 2017 Wednesday ,01 November

Miss Morocco launch her first charity program

GMT 16:26 2016 Friday ,04 November

All Black brothers in arms ready for rare double

GMT 08:21 2017 Saturday ,30 September

Al Sayed underlines economic improvement

GMT 10:27 2017 Wednesday ,13 December

Strikes kill 12 in rebel-run Yemen prison camp

GMT 10:52 2017 Saturday ,14 October

NGOs slam UN aviation agency plan
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice