FX.co ★ Swiss M3 Money Supply Edges Higher in March, Signaling Continued Liquidity Growth

Switzerland’s broad money supply (M3) recorded a modest increase in March 2026, underscoring a continued expansion in liquidity within the Swiss financial system. According to the latest data, updated on 21 April 2026, M3 rose to 1,221,317.0B in March from 1,215,324.0B in February 2026.

The uptick in the M3 aggregate, which encompasses cash in circulation along with various bank deposits, suggests that the stock of money available in the economy continued to grow over the period. While the data alone do not reveal the underlying drivers, the sustained rise in broad money can be relevant for assessing future trends in credit conditions, investment activity and potential inflationary pressures in Switzerland.