Key facts
- South Korea's M2 money supply rose 0.6% in April.
- The M2 stood at an average of 4,153.9 trillion won in April.
- The increase was attributed to gains in short-term deposits and money market funds.
- Liquidity decreased for financial institutions but increased for nonfinancial corporations and households.
South Korea's money supply, measured by M2, continued its upward trend in April, driven by an increase in short-term deposits and funds awaiting investment. The central bank reported that M2 averaged 4,153.9 trillion won (US$2.74 trillion) in April, marking a 0.6% rise, or 25.3 trillion won, from the previous month. This marks a steady increase since November.