S. Korean households' surplus fund hits 3-year high in Q1

SEOUL, July 6 (Xinhua) -- South Korean households' surplus fund hit a three-year high in the first quarter owing to solid deposit demand, caused by higher interest rates, central bank data showed Thursday.

The net surplus fund, or the value of financial assets minus financial liabilities owned by households and non-profit organizations, came in at 76.9 trillion won (59 billion U.S. dollars) in the January-March