BOK introduce financial asset based currency gauge

SOUTH KOREA - The central bank on Tuesday introduced more accurate measures of the nation's money supply based on financial assets, which provides an exact picture of liquidity in circulation reported The Korea Times.

"We decided to shift our focus from the current financial institution-based barometers to financial asset-based money-supply indicators, in order to measure the nation's money supply more accurately," said Chung Jung-ho, director of the economic statistics department at the Bank

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