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Korea's money supply rises for fourth consecutive month in February
Korea's money supply rose for the fourth consecutive month in February, as increases in savings deposits offset a decline in certificates of deposit (CDs), central bank data showed Wednesday. The country's M2, a key gauge of the money supply, averaged 4,114 trillion won (US$2.79 trillion) in February, up 600 billion won from a month earlier, according to preliminary data from the Bank of Korea (BOK). [...]