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2024

S. Korean households' surplus fund grows in Q1

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SEOUL, July 4 (Xinhua) -- South Korean households' surplus fund grew for the second straight quarter due to higher deposits, central bank data showed Thursday.

The net surplus fund, or the value of financial assets minus financial debts possessed by households and non-profit organizations, stood at 77.6 trillion won (56.2 billion U.S. dollars) in the January-March quarter, up 47.8 trillion won (34.6 billion doll