Of course it s not a very welcome set of figures for the Bank of Korea. The L money supply measure rose a provisional . percent in October from a year earlier up sharply from a . percent gain in September and the fastest annual gain since a . percent rise in February the Bank of Korea s data showed. Other central bank data showed banks loans to small and medium sized enterprises rose . percent by the end of November from a month before setting the biggest monthly percentage gain since a . percent rise in June. in November from . A reading over indicates most consumers see their prospects improving in the next six months. All economists surveyed by Reuters this week forecast the Bank of Korea would hold interest rates steady at . The central bank raised the overnight call rate target by a combined . percentage points between October and August this year to the highest level since July .
Source: http://malaysia.news.yahoo.com/rtrs/20071206/tbs-kore! a-economy-b8dd11d.html
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