The M2, dubbed broad money, increased 6.1 percent in May from a year earlier, after rising 6.6 percent in the prior month, according to Bank of Korea (BOK).
After peaking at 9.4 percent in September 2015, the M2 growth rate showed a downward trend adidas supercolor baratas , hovering around 6 percent this year.
The BOK was expected to lift its benchmark interest rate as the U.S. Federal Reserve hiked its policy rate to a range of 1.00-1.25 percent in June.
The South Korean central bank lowered its policy rate to an all-time low of 1.25 percent in June last year from 3.25 percent in July 2012.
The M1, also called narrow money, jumped 9.5 percent in the cited period.
The M1 refers to currency in circulation, demand deposits and transferable savings deposits equivalent to cash. The M2 adds money market fund, money trust,
time deposit and financial products that mature in less than two years to M1.
Liquidity of financial institutions, called Lf adidas superstar 2 baratas , advanced 7.1 percent in May from a year ago. The year-on-year growth of liquidity aggregate, the broadest measure of money
supply, was 7.2 percent.
The Lf includes financial products with a maturity of more than two years and liquidity at insurers and brokerages along with M2. The liquidity aggregate adds
state and corporate bonds to the Lf.
Premier calls for more efforts to promote economic upgrading in west China
China's Liaoning aircraft carrier leaves Hong Kong after five-day visit
Southwest China issues orange level high temperature warning
Scenery of Tangra Yumco Lake at Nancun Village, Tibet
Soldiers, officers of aircraft carrier Liaoning visit elders in HK
Number of Tibetan antelopes rises to over 200,000 at Changtang in Tibet
Blooming cole flowers attract tourists in NW China's Xinjiang
Weekly choices of Xinhua photo
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