South Korea's money supply growth accelerated for the second straight month in April, preliminary figures from Bank of Korea showed Tuesday.
M2, a broad measure of money supply climbed 6.6 percent year-over-year in April, faster than the 6.2 percent rise in March.
On a monthly basis, M2 money supply increased 0.6 percent from March, when it rose by 0.8 percent.
The annual growth in liquidity quickened to 7.7 percent in April from 7.0 percent a month ago. Liquidity of financial institutions grew at a slightly faster rate of 7.4 percent yearly in April, following a 7.3 percent spike in the preceding month.
For comments and feedback: editorial@rttnews.com