The monetary base falls 21% in real terms in one year

Due to fiscal caution, assistance to the Treasury remained at moderate levels, even within the framework of the second wave, and it reduced the number of pesos in circulation by more than 20% year-on-year in real terms. However, May was the most expansionary month so far this year. The monetary base (BM) grew by 147,048 million pesos ($1.55 bn).

Source: Ámbito