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| Home / Information about / Monetary policy / Reports on the monetary policy of earlier years | |||||||||||||||||||||
| Monetary policy report 1999 | |||||||||||||||||||||
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| Weak growth of the money stock M3 | |||||||||||||||||||||
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The money stock M3, considered by the National Bank to be the most important monetary aggregate in the past few years, showed only a slight rise in 1999. In the fourth quarter, M3 exceeded the corresponding previous year's level by 0.7%.     |
