Money supply continues to rise in April on gains in deposits (opens original article in a new tab)

South Korea's money supply increased in April due to higher short-term deposits and investment funds, according to central bank data.

• South Korea's M2 money supply rose 0.6% in April to 4,153.9 trillion won
• Increase driven by short-term deposits and money market funds amid stock market rally
• Liquidity declined among financial institutions but rose for nonfinancial corporations and households