By Gaurav Raghuvanshi
SINGAPORE--The Monetary Authority of Singapore on Wednesday released the following provisional money-supply data for October:
October Year Earlier September
M1 S$170.08 Bln S$158.35 Bln S$166.64 Bln
M2 S$555.97 Bln S$520.46 Bln S$548.1 Bln
M3 S$568.06 Bln S$533.05 Bln S$560.3 Bln
M1 is currency in active circulation and demand deposits.
M2 includes M1 and quasimoney, defined as fixed and savings deposits as well as certificates of deposit.
M3 comprises M2 plus net deposits at nonbank institutions such as finance companies.
Write to Gaurav Raghuvanshi at firstname.lastname@example.org
(END) Dow Jones Newswires
November 29, 2016 21:28 ET (02:28 GMT)
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