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 [...]