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Narrow Money

   Also found in: Wikipedia 0.01 sec.
Narrow Money
A measure of the money supply used by the various central banks that includes only currency in circulation and very near money instruments. In the Federal Reserve System, narrow money includes all physical currency and deposits in checking accounts as well as Negotiable Orders Withdrawal accounts. It does not include savings accounts, certificates of deposit, or money market accounts. This is called narrow money because it applies the most restrictive definition of money. It is also called the money base. See also: M1, M0.


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5 percentage points higher than that at the end of last year; that of the narrow money (M1) was 20.
Money supply as represented by narrow money (M1) comprising of currency held by the public and local currency demand deposits registered an increase of 3.
Narrow money, or M1, was almost unchanged at 5 billion dinars compared to 5.
 
 
 
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