M3c

(redirected from Broad Money)
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M3c

symbol for
(Economics) the amount of money in circulation given by M3 plus foreign currency bank deposits. Former symbol: M3 Informal name: broad money
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References in classic literature ?
Pay me that thou owest me in broad money, or else leave thy coat and bag and hammer; yet, I wot they are not worth ten shillings, and I shall lose thereby.
The recent movements in headline inflation, core inflation, inflation expectations, broad money growth, credit expansion, expansion in economic activity as well as the international reserve position do not justify the view that a rational market would also expect an increase in interest rates.
According to a report in The News, flow of broad money supply or M2 was recorded at Rs121 billion between July 2017 and mid-February 2018 compared against Rs399 billion in same period of corresponding period last year.
As for the banking indicators for the commercial banks as at the end of November 2017, the bulletin said that the broad money and clearance to the deposits in riyals was 7.
78pc growth in broad money recorded a year ago, according to the State Bank of Pakistan (SBP).
An appendix organizes country data on GDP, consumer prices, fiscal balance, broad money, exchange rates, imports, exports, and banking penetration.
Ministry of Finance also calculated that during the period July-April, FY2017, Broad Money (M2) registered expansion of Rs762.
Saudi Arabian Monetary Agency's (SAMA's) monthly bulletin for the month of August reveals that broad money supply remains downward trending given the tighter liquidity conditions.
Broad money supply will still be used as an intermediate factor of the monetary policy, the Belarusian ruble monetary base will be the operational factor.
Today, bank money accounts for almost 82 per cent of the broad money supply (M4) in the UK.
Overall, broad money supply growth (M2) eased slightly to 5.
As for the banking indicators for the commercial banks as at the end of September 2015, the bulletin said that the broad money and clearance to the deposits in rials was 26 percent.