S.Koreans flock to funds, liquid assets out of term deposits

S.Koreans flock to funds, liquid assets out of term deposits

(Getty Images) South Korean companies and households flocked to investment funds and short-term deposits in December last year, pulling out of money market funds and term deposits, data from the Bank of Korea (BOK) showed on Friday. With savings account interest rates on a steady decline, investors were left undecided on where to invest amid uncertainties […]
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