RP money supply up 14.6% in Feb
Posted at 04/03/2009 2:01 PM | Updated as of 04/03/2009 2:01 PM
Philippine money supply in February climbed 14.6 percent from a year ago, slower than the 16.1 percent annual rise in January, the central bank said on Friday.
Money supply is one of many indicators the central bank looks at when setting policy rates because of its impact on inflation.