|
At the end of the second quarter of 2001, the money supply reached Col. $14.1 trillion
with an annual variation of 10.9%. This behavior is explained by the recovery of current
accounts and cash holdings, which displayed annual growth rates of 5.5% and 17.9%
respectively.
MONEY GROWTH (M1)
Annual Variation

|
MONEY GROWTH
(Annual Variation %)
END OF
QUARTER |
1990 |
1991 |
1992 |
1993 |
1994 |
1995 |
| 1 |
28,1 |
24,1 |
33,7 |
34,0 |
37,4 |
19,4 |
| 2 |
26,0 |
25,5 |
44,1 |
30,4 |
30,4 |
17,9 |
| 3 |
29,4 |
29,7 |
35,5 |
39,3 |
30,0 |
13,1 |
| 4 |
25,2 |
31,7 |
41,0 |
30,0 |
25,3 |
20,2 |
END OF
QUARTER |
1996 |
1997 |
1998 |
1999 |
2000 |
2001 pr |
| 1 |
19,3 |
14,9 |
11,8 |
-1,4 |
34,9 |
17,6 |
| 2 |
15,6 |
22,5 |
3,6 |
4,5 |
34,0 |
10,9 |
| 3 |
15,3 |
20,4 |
0,9 |
10,9 |
34,4 |
|
| 4 |
16,5 |
21,7 |
-3,9 |
21,7 |
30,5 |
|
|
pr: Preliminary.
Source: Banco de la República - Economic studies. |