The M2 money supply grew by a monthly 1.2% and was 4.5% lower on the year at 12.626 billion marka at the end of August, the central bank said on its website.
Quasi-money, which includes savings and term deposits in domestic and foreign currency and demand deposits in foreign currency, rose to 6,922 billion marka in August from 6.869 billion marka a month earlier.
Money supply (in millions of Bosnian marka):
Aug'09 | July'09 | Aug'08 | |
M1 | 5,704.0 | 5,604.2 | 6,242.1 |
-cash outside banks | 1,998.7 | 2,034.9 | 2,168.1 |
-demand deposits in domestic currency | 3,705.3 | 3,569.3 | 4,074.0 |
Quasi-money | 6,921.5 | 6,868.9 | 6,981.6 |
-saving and term deposits in domestic currency | 1,719.5 | 1,711.2 | 1,691.5 |
-demand deposits in foreign currency | 1,488.3 | 1,458.8 | 1,705.7 |
-saving and term deposits in foreign currency | 3,713.7 | 3,698.9 | 3,584.4 |
M2 (M1+quasi money) | 12,625.6 | 12,473.1 | 13,223.7 |
(1 euro=1.95583 Bosnian marka)