The Bangko Sentral ng Pilipinas (BSP) said the country's money supply grew steadily in November last year, despite a quicker increase in bank loans.

Domestic liquidity (M3) climbed by 8.3 percent year on year to P14.8 trillion in November 2021, according to a statement released over the weekend by the central bank, which was unchanged from the revised gain in October. M3 increased by 0.5 percent month on month and seasonally adjusted.

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