Money multiplier to hit a record high of 5.01

Bhutan's Daily Newspaper - Kuensel - 23/01
The money multiplier in the country is expected to reach a new high of 5.01 at the end of June this year, indicating that the ngultrum is generating more money than before.

Thukten Zangpo

The money multiplier in the country is expected to reach a new high of 5.01 at the end of June this year, indicating that the ngultrum is generating more money than before.

This means that every ngultrum introduced into the banking system will generate about Nu 5.01 worth of money supply in the economy.

For example, with a money multiplier of 5.01, an injection of Nu 1,000 by the Royal Monetary Authority (RMA) ...
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