Bloomberg News

Argentine Central Bank to Raise Money Supply by 26.4% in 2012

December 29, 2011

Dec. 29 (Bloomberg) -- Argentina’s central bank said it plans to expand M2 money supply, or the amount of cash in circulation plus checking and savings accounts, by 26.4 percent in 2012 as the economy grows for a 10th year.

To contact the reporter on this story: Eliana Raszewski in Buenos Aires at eraszewski@bloomberg.net

To contact the editor responsible for this story: Joshua Goodman at jgoodman19@bloomberg.net


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