floating capital Archives | Be Korea-savvy
Amount of Idle Money in S. Korea Hits Record High

Amount of Idle Money in S. Korea Hits Record High

SEOUL, May 31 (Korea Bizwire) — The volume of short-term floating capital in South Korea hit an all-time high of more than 1,100 trillion won (US$888 billion) amid low interest rates and increased uncertainties over the novel coronavirus pandemic, data showed Sunday. Cash and other forms of short-term capital, including demand deposits and money market [...]

Idle Money in S. Korea Hits Record High

Idle Money in S. Korea Hits Record High

SEOUL, Jul. 18 (Korea Bizwire) — The volume of short-term “floating” capital in South Korea hit an all-time high of more than 950 trillion won (US$835 billion) amid record-low interest rates and increased uncertainties, data showed Monday. According to the Bank of Korea and the Korea Financial Investment Association, cash and other short-term capital totaled [...]