Yonhap Infomax NewsSouth Korea’s short-term money market is expected to show an excess reserve balance on the 24th, driven by fiscal disbursements and maturing deposits, while the overnight call rate stood at 2.540% with trading volume of 16.45 trillion won, reflecting continued ample liquidity conditions.
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[Short-term Money Market Analysis]Excess Reserve Balance Expected in South Korea’s Money Market
South Korea’s short-term money market is expected to show an excess reserve balance on the 24th, driven by fiscal disbursements and maturing deposits, while the overnight call rate stood at 2.540% with trading volume of 16.45 trillion won, reflecting continued ample liquidity conditions.