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2017.05.2204:19:00UTC+00Swiss M3 Growth Steady At 3% In April

Switzerland's money supply expanded at a steady pace in April, the Swiss National Bank said Monday.

M3 climbed 3 percent year-on-year in April, the same pace of growth as seen in March. In February, M3 had expanded 3.2 percent, which was the fastest since December 2014.

Likewise, the annual growth in the narrow measure M1 remained unchanged at 5.3 percent in April.

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