Defining the News
Domestic liquidity or money supply sustained its growth in March 2024, reflecting increased demand despite the high interest rates.
Data showed that on a month-on-month seasonally-adjusted basis, M3 in March increased by about 0.9 percent from P16.9 trillion in February. It also went up from P16.3 trillion in March 2023. Domestic claims expanded 10.8 percent year-on-year in March from the revised 9.6 percent in the previous month.Claims on the private sector grew 10.9 percent, faster than 10.3 in February with the sustained expansion in bank lending to non-financial private corporations and households.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Investors pull out $689-m funds in March—BSP dataDefining the News
Read more »
DPWH completes P17-M slope protection projectSunStar Publishing Inc.
Read more »
Union Bank announces P17-B stock rights offeringUnion Bank disclosed that it plans to conduct a stock rights offering to sell 450,204,078 UBP common shares to existing UBP shareholders at a price somewhere between P33.73 and P38.23 per share.
Read more »
After Calida, Guevarra is now highest paid solicitor generalIn 2023, Guevarra received P17.8 million, higher than Calida's P16.9 million in 2019
Read more »
Agents seize P218m drug haulDefining the News
Read more »
PCG to join Balikatan for 1st timeDefining the News
Read more »