Monetary Statistical Release 2/2007-
Broad money (M3) expanded by Lm17.4 million, or 0.5%, in December. However, the annual rate of growth of M3 slowed down to 5.2% from 6.0% in November. Monetary expansion during the month was entirely driven by higher credit to the non-bank private sector, as the net foreign assets of the banking system contracted.
Narrow money (M1) declined by Lm14.8 million, or 0.9%, in December. Deposits withdrawable on demand dropped by Lm16.0 million, or 1.3%, with foreign currency deposits accounting for most of the fall. Click here for more...
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The Maltese lira and the euro-
In response to numerous queries it has been receiving concerning the status of the euro in Malta, the Central Bank of Malta would like to draw the attention of the public to the following:
- The only legal tender currency in Malta is the Maltese lira. This will remain the case until the euro is introduced.
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Central Bank of Malta Raises the Central Intervention Rate-
The Central Bank of Malta raised the central intervention rate by 25 basis points to 4.00%. The decision was taken by the Governor at the end of the Monetary Policy Advisory Council meeting.
The Governor observed that, at their previous levels, official interest rates were no longer adequately supporting the exchange rate peg. Click here for more...
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Central Bank of Malta concludes contract for the minting of Malta’s euro coins-
The Central Bank of Malta has concluded the contract with the Monnaie de Paris for the minting of the euro coins with the Maltese national sides. The final document was signed after agreement was reached on all administrative details relating to the production and delivery of the coins. Click here for more...
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Familiarisation with security features of euro notes and coins-
The Central Bank of Malta would like to remind the public that the Maltese lira is the only legal tender currency in Malta and will remain so until Malta adopts the euro. Until that time the euro is to be treated as a foreign currency like any other. Click here for more...
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The Archives Section of the Central Bank of Malta-
is planning to publish a commemorative booklet covering the historical background of the Bank’s premises.
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