ECCB 2018-2019 Annual Report and Statement of Accounts

Monetary Stability 1

Backing Ratio With Statutory and Operational Limits - 2006 to 2019

Growth Rate of Monetary Liabilities (M2) and Private Sector Credit

The backing ratio, which represents the amount of foreign assets held relative to the demand liabilities stood at 99.5 per cent as at 31 March 2019.

| EASTERN CARIBBEAN CENTRAL BANK ANNUAL REPORT 2018/2019 3