M3 Podaż pieniądza (YoY)

Date Temps restant   Evènement Impact Précédent Consensus Réelles
Nov 30, 02:00  M3 Podaż pieniądza (YoY) 9.0% 7.7%

M3 Podaż pieniądza (YoY)

The M3 Money Supply released by the Reserve Bank of New Zealand measures all the New Zealand Dollars in circulation, encompassing notes and coins as well as money held in bank accounts. It is considered as an important indicator of inflation, as monetary expansion adds pressure to the exchange rates. An acceleration of the M3 money is considered as positive for the NZD, whereas a decline is as negative.



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