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In 2018, broad money to total reserves ratio for Brazil was 4.8 ratio. Since 1969, broad money to total reserves ratio of Brazil fluctuated between a low of 2.01 ratio in 1984 and a high of 48.95 ratio in 1989 averaging at 7.63 over the last 50 years.The description is composed by our digital data assistant.
Broad money (IFS line 35L..ZK) is the sum of currency outside banks; demand deposits other than those of the central government; the time, savings, and foreign currency deposits of resident sectors other than the central government; bank and traveler’s checks; and other securities such as certificates of deposit and commercial paper.