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Jordan M2 supply slows
- Jordan: Monday, October 12 - 2009 at 11:26
According to data by Central Bank of Jordan, the kingdom's money supply growth had slowed to 6.3% in the year to August from growth of 14.6% during the same period in 2008, Reuters has reported. Money supply, measured as M2, rose to JD19.463bn at end-August 2009, from JD18.304bn at the start of the year, the data showed. M2, the broadest measure of money supply in Jordan's economy, rose 14.6% in the first eight months of last year when it stood at JD17.879bn at end-August, 2008 against JD15.606bn at the start of 2008.
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StaffMonday, October 12 - 2009 at 11:26 UAE local time (GMT+4)
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