M2 measure of money supply falls 0.8 pct in March

2015/5/6

From:Macau Business

The M2 measure of money supply, or currency in circulation and quickly available deposits in banks, increased by 0.8 per cent in March to MOP477.6 billion (about US$59.7 billion), the Monetary Authority of Macau says.

The narrower M1 measure, limited to notes and coins in circulation, decreased by 0.6 per to MOP60.4 billion.

The authority said deposits in banks amounted to MOP816.1 billion at the end of March, 0.5 per cent less than a month earlier.

Deposits by the private sector decreased, while deposits by the public sector increased.

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