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Swiss M3 Growth Rises Slightly In July

Switzerland's money supply grew at a slightly faster pace in July, the Swiss National Bank said Tuesday.

The broad monetary aggregate, M3 climbed 2.4 percent year-on-year in July, following June's 2.3 percent increase.

Similarly, the narrow measure, M1 growth improved to 5.1 percent from 5 percent a month ago.

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