On April 13, it was reported that at the end of March, the broad money supply (M2) balance was 353.86 trillion yuan, an increase of 8.5% year-on-year. The narrow money supply (M1) balance stood at 119.32 trillion yuan, rising by 5.1% year-on-year. The currency in circulation (M0) balance was 14.71 trillion yuan, up 12.5% year-on-year. In the first quarter, a net cash injection of 613.5 billion yuan was made.
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People's Bank of China: M2 Balance Reaches 353.86 Trillion Yuan at End of March, Up 8.5% Year-on-Year
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