KUALA LUMPUR: Private sector liquidity, as measured by broad money (M3), grew at a stable annual growth rate of 15% in April on continued credit extension by the banking system, said Bank Negara.
The expansion of M3 was partially mitigated by net foreign outflows during the month, while net financing to the private sector grew at a slower pace in April due to lower net private debt security issuances and the stable rate of increase in outstanding banking system loans, it said.
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