S.Korea's money supply keeps growing in May
SEOUL, July 12 (Xinhua) -- South Korea's money supply kept growing in May as demand for bank deposits increased amid higher interest rates, central bank data showed Tuesday.
The M2, or broad money, amounted to 3,696.9 trillion won (2.81 trillion U.S. dollars) in May, up 9.3 percent from a year earlier, according to the Bank of Korea (BOK).
The broad money continued to rise as people rushed to deposit mone