|Jan 12, 03:00||Money Supply Growth||7.6%||8.0%|
Money Supply Growth
The Money Supply Growth released by the Bank of Korea measures the South Korean currency in circulation, encompassing notes and coins as well as money held in bank accounts. It is considered as an important indicator of inflation, as monetary expansion adds pressure to the exchange rates. An acceleration of the money supply is considered as positive for the Won, whereas a decline is negative.
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