Macedonia's December M1 Money Supply Rises 14.67% M/M - Table

The M2 money supply rose by 5.3% month on-month to 166.254 billion denars at end 2007.

MACEDONIA MONEY SUPPLY (in millions of denars):

NOTE: The monetary aggregate M3 includes M2 and special-purpose deposits, such as letters of credits, guarantees, remittances abroad, etc. The National Bank of the Republic of Macedonia (NBRM) does not publish data about this type of deposits.

Monetary aggregates are defined according to the methodology for International Monetary Fund (IMF) Monetary and Financial Statistics, based on the System of National Accounts. The statistics were first published in 1993.

(1 euro = 61.6417 Macedonian denars)