With inward remittance of foreign funds boosting the amount of demand deposits at banks, the annual growth rate of M1B, money supply in narrower definition, advanced to 3.65% in November, while M2, money supply in broader definition, ...
Tags: inward remittance, oreign funds, demand deposits, CBC
The Central Bank of China(CBC)reported yesterday(Nov.26)that M1B,money supply in narrower definition,scored 3.57%annual growth rate in October,higher than 3.25%growth rate of M2,money supply in broader definition,forming a so-called"golden ...
Tags: M1B, golden crossing, stock market, money supply