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Value of money supply (M1, M2 and M3) in North Macedonia 2009-2017

Total value of the money supply (M1, M2 and M3) in North Macedonia from 2009 to 2017 (in billion Macedonian denar)

by James Cherowbrier, last edited Apr 3, 2019
Value of money supply (M1, M2 and M3) in North Macedonia 2009-2017 The statistic depicts the change in the money supply (M1, M2 and M3) in North Macedonia from 2009 to 2017. The money supply is the amount of monetary assets available in an economy. M1, called the "narrow money", includes currency in circulation (banknotes and coins) and overnight deposits. It depicts the value of the most liquid components of the money supply. The "intermediate money" (M2) is the sum of M1 (currency in circulation and overnight deposits), deposits with maturity of maximum two years and deposits redeemable at notice of maximum three months. M3, called the "broad money" is the sum of M1 (currency in circulation and overnight deposits), M2 (M1 plus deposits with maturity of maximum two years and deposits redeemable at notice of maximum three months) and marketable instruments issued by Monetary Financial Institutions such as repurchase instruments or money market fund units. The value of money supply M3 amounted to approximately 337 billion Macedonian denar in 2017.
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Total value of the money supply (M1, M2 and M3) in North Macedonia from 2009 to 2017 (in billion Macedonian denar)

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