S. Korea's money supply up 6.1 pct in May: BOK
SEOUL, July 12 (Yonhap) -- The money supply in South Korea jumped 6.1 percent in May from a year earlier, the central bank said Wednesday.
The nation's M2 totaled 2,454.3 trillion won (US$2.13 trillion) in May, compared with 2,312.8 trillion won a year earlier, the Bank of Korea (BOK) said in a statement.
The money supply gained 0.3 percent on-month, the statement said.
The growth rate of the money supply has been on the decline since October 2015 as companies decreased domestic credit.
M2 is a measure of the money supply counting the currency in circulation, including bank debentures and deposits with a maturity of less than two years, along with stock investments. It's a key economic indicator closely monitored by the authorities.
entropy@yna.co.kr
(END)
-
1 
'D-2' by BTS' Suga debuts at No. 11 on Billboard 200
-
2 
BTS' Jungkook releases new solo track 'Still with You'
-
3 
S. Korea to test QR codes at nightclubs, eateries, cinemas to contain virus
-
4 
Cram school infections up worries ahead of school reopening
-
5
(LEAD) S. Korea tests QR registration at nightclubs, eateries to contain virus
-
1 
'D-2' by BTS' Suga debuts at No. 11 on Billboard 200
-
2 
S. Korea to test QR codes at nightclubs, eateries, cinemas to contain virus
-
3 
Sporadic infections linked to small churches put authorities on edge
-
4 
(4th LD) S. Korea to tighten quarantine rules despite drop in new infection cases
-
5 
(4th LD) S. Korea again gripped by church-linked cluster infections in greater Seoul area
-
1 
(News Focus) One month into eased social distancing, S. Korea wrestles with cluster infections, cases with unknown routes
-
2 
Health product retailer emerging as new coronavirus cluster in Seoul
-
3 
(2nd LD) N. Korea vows to abolish inter-Korean liaison office in anger over leaflets
-
4 
(4th LD) Virus fight still dogged by cluster infections ahead of further school reopenings
-
5 
Military admits security failure over illegal Chinese entrants on small boats
