Taiwan Aug M2 Money Supply Up 4.25% On Year Vs Jul Up 4.65%

Taiwan Aug M2 Money Supply Up 4.25% On Year Vs Jul Up 4.65%

TAIPEI (Dow Jones)--Taiwan's M2 money supply, the broadest measure of money flowing through the banking system, grew 4.25% in August compared with the same month last year, slowing from the 4.65% increase in July, the central bank said Thursday. The central bank attributed the slower growth rate to a less active stock market, foreign fund outflows and a fall in bank loans. -By Ann Yu, Dow Jones Newswires, 88622 502-3001, ann.yu@dowjones.com (END) Dow Jones Newswires
From: FXPR.com