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N. Macedonia's M1 money supply up 11.4% y/y at end-Jan

Feb 21, 2024, 1:57:39 PMArticle by Dragana Petrushevska
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February 21 (SeeNews) - North Macedonia's M1 money supply totalled 254.8 billion denars ($4.5 billion/4.1 billion euro) at the end of January, up 11.4% year-on-year, data from the country's central bank showed on Wednesday.

N. Macedonia's M1 money supply up 11.4% y/y at end-Jan

Compared to the value at the end of the previous month, M1, which includes cash in circulation and demand deposits, was 2.5% lower at the end of January, according to figures published by the central bank.

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

January '24 December '23 January '23
M1 254.8 261.4 228.7
M2 (M1+short-term deposits) 472.8 477.3 441.7
M3 526 529.3 491.1

(1 euro = 61.60 denars)

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