S. Korea's money supply grows for 12th month in May

SEOUL, July 15 (Xinhua) -- South Korea's money supply grew for the 12th consecutive month due to robust demand for deposits and securities, central bank data showed Monday.

The seasonally-adjusted M2, or broad money, rose 900 billion won (650.8 million U.S. dollars) to 4,014.1 trillion won (2.9 trillion dollars) in May compared to the previous month, keeping an upward trend since June 2023, according to the Bank