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| EASTERN CARIBBEAN CENTRAL BANK ANNUAL REPORT 2018/2019
3
Monetary Stability
1
The backing ratio, which represents the amount of foreign assets held relative to the demand liabilities stood at
99.5 per cent as at 31 March 2019.
Growth Rate of Monetary Liabilities (M2) and Private Sector Credit
Backing Ratio With Statutory and Operational Limits - 2006 to 2019