Thursday, November 7

Morocco June M2 Money Supply Growth Rises To 7.8 Pct yr/yr

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Reuters
by Aziz El Yaakoubi

Morocco June M2 money supply growth rises to 7.8 pct yr/yr

Annual growth in Morocco’s M2 money supply accelerated to 7.8 percent in June from 6.7 percent
in May, Central Bank data showed on Friday.

June ’16 May ’16 June ’15
M1 change yr/yr(pct) 8.2 6.8 5.2
M2 change yr/yr(pct) 7.8 6.7 5.5
M3 change yr/yr(pct) 4.7 5.3 6.3
Bank credit yr/yr(pct) 2.0 2.6 2.8

(Reporting by Aziz El Yaakoubi; Editing by Alison Williams)

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