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South Korea's money supply growth up by 4.7 percent in October
(MENAFN) South Korea's money supply growth rose in October compared to September as bank lending was higher than expected, according to Qatar News Agency.
South Korea's M2, a narrow measure of the money supply, increased 4.7 percent year-on-year reaching USD1.82 trillion in October from last year, compared to 4.6 percent year-on-year in September.
The country's M2 increased 0.4 percent in October from September, compared with a 0.8 percent on-month gain in September.
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