Broad money (current LCU)

This financial indicator encompasses a comprehensive measure of the money supply within an economy, reflecting the total liquidity available to the public. It includes currency circulating outside of financial institutions, demand deposits excluding those from the central government, and various types of savings accounts and foreign currency deposits held by domestic sectors. Additionally, it accounts for bank and traveler's checks, along with other financial instruments like certificates of deposit and commercial paper. By capturing a broad spectrum of monetary assets, this indicator provides valuable insights into the overall financial health, consumption capacity, and potential inflationary pressures within an economy, making it crucial for policymakers and analysts in assessing monetary conditions. Source: