FX.co ★ Bahrain's M2 Money Supply Contracts by 0.5% in February 2024

In February 2024, Bahrain's M2 money supply witnessed a contraction of 0.5%, as reported by the latest data released on 24th April 2024. This decline comes after the previous month's indicator had shown a growth that stopped and reached 0.9% in January 2024, indicating a reversal in the country's monetary trends. The M2 money supply, which includes cash, checking deposits, and easily convertible near money, plays a crucial role in understanding the overall liquidity in an economy. Bahrain's current negative change in M2 money supply suggests a potential slowdown in economic activities and could impact the country's financial landscape in the coming months as policymakers aim to address this contraction.