M3, lending growth slows in November

Jan 13, 2024 12:27 am

MONEY supply growth and bank lending both grew at a slower pace in November, the Bangko Sentral ng Pilipinas (BSP) reported on Friday.

Based on preliminary data, domestic liquidity or M3 expanded by 7.0 percent, down from October's 7.1 percent, to about P16.8 trillion.

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