S. Korea's money supply grows for 11th month in April

SEOUL, June 14 (Xinhua) -- South Korea's money supply grew for the 11th consecutive month due to robust demand for deposits and securities, central bank data showed Friday.

The seasonally-adjusted M2, or broad money, rose 0.4 percent in April compared with the previous month, keeping an upward trend since June 2023, according to the Bank of Korea (BOK).

The continued growth was attributable to strong dema