Broad money to total reserves ratio of Lesotho leapt by 8.98% from 1.09 ratio in 2019 to 1.19 ratio in 2020. Since the 11.01% slump in 2016, broad money to total reserves ratio rocketed by 67.68% in 2020.
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.
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