14.08.201800:27:00UTC+00South Korea Money Supply Growth Accelerates In June

South Korea's money supply growth accelerated in June after easing in the previous month, preliminary figures from Bank of Korea showed Tuesday.

M2, a broad measure of money supply climbed 6.1 percent year-over-year in June, faster than May's 5.7 percent increase.

On a monthly basis, M2 money supply rose at a steady rate of 0.5 percent in June.

The annual growth in liquidity quickened to 6.6 percent in June from 6.1 percent in the previous month.

Liquidity of financial institutions grew at a slightly faster rate of 6.7 percent yearly in June, following a 6.6 percent rise a month ago.