In 2022, broad money to total reserves ratio for Brazil was 6.3 ratio. Though Brazil broad money to total reserves ratio fluctuated substantially in recent years, it tended to decrease through 2003 - 2022 period ending at 6.3 ratio in 2022.
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.