The foreign currency reserves of the Central Bank of Bosnia and Herzegovina (BiH) at the end of October 2024 amounted to 17.04 billion BAM, reflecting an annual increase of 1.27 billion BAM (8.1%), according to a document from the Central Bank of BiH.
The total money supply (M2) at the end of October 2024 was 38.07 billion BAM. Compared to the previous month, the money supply increased by 159.7 million BAM (0.4%).
The growth in the money supply (M2) resulted from an increase in money (M1) by 79.6 million BAM (0.3%) and quasi-money (QM) by 80.1 million BAM (0.5%). Within the structure of money (M1), cash outside banks decreased by 14.7 million BAM (0.2%), while transferable deposits in domestic currency increased by 94.3 million BAM (0.6%).
Transferable deposits in foreign currency decreased by 83.3 million BAM (2.0%). Meanwhile, other deposits in domestic currency rose by 38.5 million BAM (1.3%), and other deposits in foreign currency increased by 124.9 million BAM (1.7%), contributing to the overall increase in quasi-money (QM).
On an annual basis, the money supply (M2) grew by 2.89 billion BAM (8.2%) in October 2024. Growth was recorded in cash outside banks, which increased by 451.3 million BAM (7.1%); transferable deposits in domestic currency, which rose by 1.74 billion BAM (11.8%); other deposits in domestic currency, which increased by 163 million BAM (5.5%); and other deposits in foreign currency, which grew by 584.6 million BAM (8.2%).
However, transferable deposits in foreign currency saw an annual decline of 50.3 million BAM (1.2%).
