SINGAPORE -(Dow Jones)- The Monetary Authority of Singapore Friday released the following provisional money-supply data for December.
December '08 Year Ago November '08
M1 S$ 75.70B S$ 63.94B S$ 74.39 Bln
M2 S$333.41B S$297.56B S$331.84 Bln
M3 S$342.39B S$306.75B S$340.90 Bln
M1 is currency in active circulation and demand deposits.
M2 includes M1 and "quasi money," defined as fixed and
savings deposits as well as certificates of deposit.
M3 comprises M2 plus net deposits at non-bank institutions,
such as finance companies.
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