Tag: Money Supply
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Philippine Money Supply and Bank Lending Surge in December 2024
The Bangko Sentral ng Pilipinas (BSP) announced a significant rise in the nation’s money supply, known as M3, for December 2024. The money supply grew by 7.7% to reach PHP18.8 trillion, up from PHP17.4 trillion the previous year. On a month-to-month basis, M3 saw a slight increase of 0.2% from PHP18.1 trillion in November 2024.…
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