Gallery / Country Statistics: Stock of Broad Money
Country Statistics: Stock of Broad Money
Tags
Economy & Business
Modified
May 22, 2016

"Stock of quasi money compares the total quantity of time and savings deposits denominated in the national currency, held by nonbank financial institutions, state and local governments, nonfinancial public enterprises, and the private sector of the economy. When added together with ""M1"" the total money supply is known as ""M2."" The national currency units have been converted to US dollars at the closing exchange rate on the date of the information."

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