Despite record monetary base, South Korea's currency in circulation falls

08/20/2013 | MK.co.kr (South Korea)

South Korea's monetary multiplier, a gauge of currency in circulation, fell to its lowest level since 2000 despite a record 100 trillion won monetary base. The Bank of Korea, like central banks elsewhere, has been injecting money into the economy, though apparently to little effect.

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MK.co.kr (South Korea)

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