|
At the end of the third quarter of 2001, the money supply reached Col. $13.6 trillion
with an annual variation of 7.7%. This behavior is explained by the recovery of current
accounts and cash holdings, which displayed annual growth rates of 3.1% and 13.6%
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
|
7.7
|
| 4 |
16.5
|
21.7
|
-3.9
|
21.7
|
30.5
|
|
|
pr: Preliminary.
Source: Banco de la República - Economic studies. |
