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Economic Calendar

South AfricaM3 Money Supply (YoY)

M3 is a measure of money supply that is released by the South African Reserve Bank. It calculates all currency in circulation, bank deposits, repurchase agreements, debt securities up to 2 years and the value of money market shares. It is considered as an important indicator of inflation, as monetary expansion adds pressure to the exchange rate. Usually an acceleration of the M3 money is considered as positive, or bullish for the Rand, whereas a decline is considered negative.

Country:South Africa
Currency:ZAR
Frequency:Month

Next Event -

Previous
7.52%
Actual
8.26%

The typical/expected impact on ZAR pairs is Low.

Lower numbers than forecast tend to be bullish for xxx/ZAR pairs and bearish for ZAR/xxx pairs.

Most Recent -

Actual
8.26%

Higher numbers than forecast tend to be bullish for ZAR/xxx pairs and bearish for xxx/ZAR pairs.

Past Events

DateTimeActualConsensus
31 December 202506:008.26%-
28 November 202506:007.52%-
29 October 202506:006.07%-
30 September 202506:006.18%-
29 August 202506:006.75%-
29 July 202506:007.27%-
30 June 202506:006.86%-
30 May 202506:006.12%-
30 April 202506:005.75%-
31 March 202506:006.1%-
28 February 202506:007.1%-
30 January 202506:006.71%-
31 December 202406:007.77%-
29 November 202406:007.79%-
29 October 202406:007.25%-
30 September 202406:006.11%-
30 August 202406:005.88%-
29 July 202406:004.19%-
28 June 202406:004.72%-
31 May 202406:005.75%-