RTTNews - Tuesday, a report by the Swiss National Bank said the M3 money supply grew 5.7% year-on-year in June, faster than a revised 4.3% growth in May. Initially, the growth was reported as 4.2% in May.
At the same time, the M2 money supply climbed 36.8% on a yearly basis in June compared to a 35.2% rise in the preceding month. The M1 Money supply was up 43.3%, faster than a 41.7% growth in May.
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