Seoul, June 16 -- South Korea's money supply rebounded in April amid expectations for additional policy rate cuts, central bank data showed Monday.
The seasonally adjusted M2, or broad money, gained 0.2 per cent to 4,235.8 trillion won (3.11 trillion U.S. dollars) in April compared to the previous month, after sliding 0.1 per cent in March, according to the Bank of Korea (BOK).
Expectations ran high for further interest rate cuts amid lingering worry about the Asian economy.
UNI XINHUA ARN
Published by HT Digital Content Services with permission from United News of India....