Despite the slow recovery of real indicators, 가락노래방 the rise in housing prices and the rapid recovery of the stock market were largely affected by the unprecedented low interest rate. In September this year, the amount of money (M2, Kwangui currency) reached 3,115.8 trillion won, up 9.2 percent from a year ago. From January 2016 to January this year, the volume of currency, which had increased by 4 to 8 percent year-on-year, has been increasing to more than 200 trillion won every month since February this year. As interest rates are lowered to prevent the economic downturn caused by the Corona 19, 강남더킹 money released on the market is flowing into real estate and stocks. The Economist, a British weekly magazine, recently said, "Housing prices fell by an average of 10 percent during the global financial crisis, but in high-income countries in the second quarter of this year, housing prices rose by 5 percent," citing low interest rates as the reason. The report said central banks in major countries around the world have lowered interest on loans by an average of 2 percentage points this year. The Bank of Korea lowered its key interest rate by 0.75 percentage point twice in March and May. Currently, 강남미션 the benchmark interest rate is 0.50 percent per annum, the lowest ever.
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