New Delhi, July 19 (IANS) China is showing increasing signs of slipping into a liquidity trap, with record-low interest rates, abundant bank liquidity and aggressive credit expansion failing to revive consumer spending, business investment or economic growth, according to recent economic data.The world’s second-largest economy grew 4.3 per cent in the second quarter of 2026, falling short of Beijing’s annual growth target of around 5 per cent and marking its weakest quarterly expansion in nearly…
Latest M2 News & Updates
Seoul, April 15 (IANS) The Korean won has remained relatively weak in recent months, but the country has sufficient dollar liquidity to respond to external shocks, Shin Hyun-song, nominee for the head of South Korea’s central bank, said on Wednesday.Shin made the remarks during a confirmation hearing at the National Assembly in Seoul, as he has been tapped to replace outgoing Bank of Korea (BOK) Gov. Rhee Chang-yong, reports Yonhap news agency.”It is not appropriate to comment on the specific le…
Seoul, April 15 (IANS) South Korea’s money supply rose for the fourth consecutive month in February, as increases in savings deposits offset a decline in certificates of deposit (CDs), central bank data showed on Wednesday.The country’s M2, a key gauge of the money supply, stood at an average of 4,114 trillion won ($2.79 trillion) in February, up 600 billion won from a month earlier, according to the preliminary data from the Bank of Korea (BOK), reports Yonhap News Agency.The figure rebounded i…
Seoul, Feb 13 (IANS) South Korea’s money supply rose in December from a month earlier, driven by increases in corporate and household deposits in both foreign and local currencies, central bank data showed on Friday.The country’s M2, a key gauge of the money supply, stood at an average of 4,080.7 trillion won (US$2.83 trillion) in December, up 0.6 percent from the previous month, according to the preliminary data from the Bank of Korea (BOK), reports Yonhap news agency.The figure had risen stead…