M0 comprises of notes and coins in circulation, it stood at R203 529 billion in March. The broadest measure M3 grew by 7,42 % and stood at R2,7 trillion.
Overall credit extension, grew by 10,24% while claims on the domestic private sector, which is the private sector and households excluding banks, grew by 8,88%. Total domestic credit extension stood at R3 trllion. Money supply and credit extension are indicators of underlying economic activity.