On a monthly basis, M1, which includes cash in circulation and demand deposits, fell by 2.4% in November.
The M2 money supply totalled 215.6 billion denars at the end of last month, down from 215.9 billion denars at end-October.
Macedonia money supply (in millions of denars):
Nov'12 | Oct'12 | Nov'11 | |
M1 | 62,205 | 63,755 | 56,086 |
- currency outside banks | 18,341 | 18,757 | 16,627 |
- demand deposits | 43,864 | 44,997 | 39,459 |
M2 (M1+short-term deposits) | 215,612 | 215,889 | 210,846 |
- short-term deposits | 153,407 | 152,134 | 154,760 |
- long-term deposits | 47,396 | 46,445 | 38,031 |
M4 (M2+long-term deposits) | 263,009 | 262,333 | 248,877 |
(1 euro=61.505 Macedonian denars)