Arab Today, arab today s korea’s money supply growth hits 10month low in october
Last Updated : GMT 22:45:46
Arab Today, arab today
Arab Today, arab today

S Korea’s money supply growth hits 10-month low in October

Arab Today, arab today

Arab Today, arab today S Korea’s money supply growth hits 10-month low in October

Seoul - QNA

South Korea’s money supply grew at its slowest pace in 10 months in October as bank lending remained weak despite the current account surplus, the central bank said Wednesday. South Korea’s M2, a narrow measure of the money supply, rose 4.6% on-year to 1,827.3 trillion won (US$1.7 trillion) in October, slowing from a 5.2% on-year gain in September, according to the Bank of Korea (BOK). It marked the slowest growth since December 2011 when the M2 grew 4.4% from a year earlier, it added. On a seasonally adjusted basis, the country’s M2 grew 0.2% in October from the previous month, picking up from a 0.1% on-month gain in September. The M2 covers currency in circulation and all types of deposits with a maturity of less than two years at lenders and non-banking financial institutions, excluding those held by insurers and brokerage houses. The data came one day before BOK policymakers are scheduled to hold their monthly rate-setting session. The central bank is widely expected to freeze the key rate for the second straight month in December, analysts say. The BOK said in a separate statement that the growth of South Korea’s M2 is estimated to have slowed to the mid-4% range in November as bank lending remained lackluster despite the current account surplus. South Korea’s liquidity aggregate, the broadest measure of the money supply, grew 7.8% in October from the previous year, down from the 8.9% on-year gain in September, it added. The liquidity aggregate covers currency in circulation and all types of deposits at financial institutions, and state and corporate bonds.

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*

Arab Today, arab today s korea’s money supply growth hits 10month low in october Arab Today, arab today s korea’s money supply growth hits 10month low in october

 



Arab Today, arab today
Arab Today, arab today Heart of Turkish Riviera is Alluring Seaside Escape

GMT 11:11 2017 Tuesday ,28 March

Heart of Turkish Riviera is Alluring Seaside Escape
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Turkey says ends its military operation

GMT 07:53 2017 Thursday ,30 March

Turkey says ends its military operation
Arab Today, arab today Wadih al-Azzazi calls for activating news coverage

GMT 19:29 2017 Thursday ,30 March

Wadih al-Azzazi calls for activating news coverage
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Disaster costs nearly double to $175bn

GMT 10:42 2017 Tuesday ,28 March

Disaster costs nearly double to $175bn
Arab Today, arab today Campaign fights sexual harassment in Egypt

GMT 11:14 2017 Tuesday ,28 March

Campaign fights sexual harassment in Egypt
Arab Today, arab today 'Underwater wasteland' worries

GMT 10:32 2017 Thursday ,30 March

'Underwater wasteland' worries
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Mercedes, VW recall million vehicles in China

GMT 09:16 2017 Wednesday ,29 March

Mercedes, VW recall million vehicles in China
Arab Today, arab today Uber grounds self-driving cars

GMT 09:11 2017 Monday ,27 March

Uber grounds self-driving cars
Arab Today, arab today Singer Rowida Attiya will issue a new song

GMT 07:38 2017 Tuesday ,28 March

Singer Rowida Attiya will issue a new song
Arab Today, arab today Trump moves to roll back Obama climate measures

GMT 08:39 2017 Wednesday ,29 March

Trump moves to roll back Obama climate measures

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 09:28 2017 Tuesday ,28 March

Trump poised to roll back climate protections

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 07:50 2017 Thursday ,30 March

Breaking trans barriers one barbell

GMT 09:02 2017 Thursday ,23 March

Laptop ban sparks ire

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday