Broad money to total reserves ratio

(ratio)

Australia is the top country by broad money to total reserves ratio in the world. As of 2022, broad money to total reserves ratio in Australia was 40.07 ratio. The top 5 countries also includes the United Kingdom, New Zealand, Pakistan, and Palestine.

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What is broad money to total reserves ratio?

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.