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N. Macedonia's M1 money supply up 11.5% y/y at end-Apr

May 21, 2024, 12:55:49 PMArticle by Dragana Petrushevska
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May 21 (SeeNews) - North Macedonia's M1 money supply totalled 259.9 billion denars ($4.6 billion/4.2 billion euro) at the end of April, up 11.5% year-on-year, data from the country's central bank showed on Tuesday.

N. Macedonia's M1 money supply up 11.5% y/y at end-Apr
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 3.4% higher at the end of April, according to figures published by the central bank.

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

April '24 March '24 April '23
M1 259.9 251.4 233.1
M2 (M1+short-term deposits) 473.7 467 446.8
M3 529.9 521.8 496.7

(1 euro = 61.62 denars)

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