Saturday, 21 January 2017

Money production cost rose 4.4. pct in 2016: BOK

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The cost of producing South Korean money jumped 4.4 percent in 2016 from a year earlier as the country printed more 50,000 won (US$42) bills, the central bank said Monday.

South Korea spent 150.3 billion won on printing bank notes and minting coins in 2016, compared to 144 billion won in 2015, according to the Bank of Korea.

From Money production cost rose 4.4. pct in 2016: BOK

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