FX.co ★ Kuwait Witnesses Significant Increase in M2 Money Supply in March 2024

Kuwait's M2 Money Supply data for March 2024 has shown a noteworthy surge as reported on 02 May 2024. The previous indicator stood at 0.22%, while the current indicator spiked to 1.16%, indicating a substantial increase in money supply within the country. This comparison, done on a Year-over-Year basis, reveals the change in the provided month compared to the same month a year ago. The surge in M2 Money Supply suggests potential economic expansion and increased liquidity within Kuwait's financial system, which could impact various sectors and consumer spending in the coming months. Stay tuned for further updates as Kuwait's economic landscape continues to evolve.