Middle Eastern and North Africa Compared by Economy > Financial sector > Monetary holdings > Liabilities > Money and quasi money > M2 > Current LCU
DEFINITION:
Money and quasi money comprise the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government. This definition of money supply is frequently called M2; it corresponds to lines 34 and 35 in the International Monetary Fund's (IMF) International Financial Statistics (IFS). Data are in current local currency.".
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