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N. Macedonia's M1 money supply up 10.8% y/y at end-Mar

Apr 19, 2024, 1:08:04 PMArticle by Dragana Petrushevska
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April 19 (SeeNews) - North Macedonia's M1 money supply totalled 251.4 billion denars ($4.4 billion/4.1 billion euro) at the end of March, up 10.8% year-on-year, data from the country's central bank showed on Friday.

N. Macedonia's M1 money supply up 10.8% y/y at end-Mar
Toshe Ognjanov/Shutterstock.com

Compared to the value at the end of the previous month, M1, which includes cash in circulation and demand deposits, was 1.2% lower at the end of March, according to figures published by the central bank.

Details of North Macedonia's money supply follow (in billions of denars):

March '24 February '24 March '23
M1 251.4 254.6 226.9
M2 (M1+short-term deposits) 467 472.5 440.2
M3 521.8 526.6 489.7

(1 euro = 61.55 denars)

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