The amount of cash released to the South Korean market has surpassed 100 trillion won, or 87-point-seven billion U.S. dollars, for the first time ever, due in part to low bank interest rates and an additional liquidity supply.
 
According to the Bank of Korea, there were 103-trillion-510-billion won’s worth of currency residue as of the end of last month.
 
It is a record high amount and marked a growth of six-trillion-127-point-seven billion won from December.
 
The amount of currency residue increases by one trillion won every month on average. However, the government provided additional liquidity ahead of the Lunar New Year holiday last month. 
 
The country's amount of currency residue surpassed 30 trillion won for the first time in 2008, and has continued to go up ever since. It reached 40 trillion won in 2010, 50 trillion won in 2012 and 60 trillion won in 2013.
 
Currency residue, a gauge of market liquidity, refers to reserve money issued by the central bank subtracted by reserve fund set aside by commercial banks for payment.