(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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