Definition: Narrow money

Category: IMF terminology

Designation of a narrow measure of the money supply - usually including currency held outside banks and demand deposits. http://www.imf.org/external/np/exr/glossary/showTerm.asp
Source:
International Monetary Fund (IMF), "Online glossary of selected financial terms" (as per March 15th, 2008), International Monetary Fund, Washington D.C., 2008
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