Aldo Barazutti on Nostr: The People's Bank of China has expanded the definition of M1 from January 2025. ...
The People's Bank of China has expanded the definition of M1 from January 2025. Previously, only cash in circulation and sight deposits of companies were included. Now it also includes demand deposits of households and reserve funds of non-bank payment institutions.
Published at
2025-02-21 06:57:09Event JSON
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