Credit to the domestic economy continue to be the growth driver of the country’s money supply, which went up to P6.3 trillion in October, data from the the Bangko Sentral ng Pilipinas (BSP) showed on Friday.

The BSP data showed that domestic liquidity or M3 recorded a year-on-year 32.5-percent expansion at end-October, slightly faster than the 31.3-percent revised growth in the previous month.

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