Czech c-banks monetary base edges up 0.4% m/m in Jan 2013.

By bne IntelliNews February 15, 2013
The Czech central banks monetary base edged up by 0.4% on the month to CZK 468.7bn (EUR 18.5bn) as of end-January 2013, after rising by 0.9% in December, the bank said on its website. In annual terms, the monetary base increased by 2.3% in the first month of 2013, faster than Decembers rise of 1.2%. The monetary base coverage with foreign reserves remains high at 185% as of end-January, which suggests a lack of major short-term liquidity problems in the financial system. The monetary base comprises cash in circulation and vaults as well as reserves of commercial banks kept at central bank accounts.

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