Central Bank: Broad Money (M2) balance of 320.52 trillion yuan, up 7% year-on-year

On March 14, according to Central Bank data, at the end of February, the Broad Money (M2) balance was 320.52 trillion yuan, a 7% rise year-on-year. The Narrow Money (M1) balance was 109.44 trillion yuan, a 0.1% rise year-on-year. The balance of Currency in Circulation (M0) was 13.28 trillion yuan, a 9.7% rise year-on-year. Net cash injection in the first two months was 456.2 billion yuan.