Currency-in-circulation dropped to N1.769 trillion at the end of July, compared with the N1.873 trillion position it was the previous month. However, while Banks’ Reserves increased to N3.446 trillion as at July, from N3.266 trillion, Quasi Money, which are highly liquid assets other than cash, that can be quickly converted, stood at N11.874 trillion as … Continue reading Currency-in-circulation drops to N1.769 trillion