狭义货币（M1）是“广义货币” 的对称。流通中现金与商业银行活期存款的总和。 构成狭义货币的现金，是法定通货的存在形式;商业银行的活期存款，存款人随时可签发支票进行转让或者流通，具有支付手段和流通手段两种职能，是狭义货币中的存款通货。
... Bridging loan 且则贷款/过渡贷款 Broad money 狭义货币 Brokerage House 经纪；证券买卖；证券交易；证券行；经纪行 ...
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大多数狭义货币通货膨胀速度极快，几乎接近现金。
There has been fairly rapid growth in the most narrow measures of money, those closest to cash.
理想状态，当狭义货币增长导致贷款数额增加时，会产生“乘法”效应。
Ideally, there would be a "multiplier" effect as growth in narrow money led to increased lending.
出现这个情况， 部分原因是存款利率持续下调，持有狭义货币的机会成本较低。
This was in part associated with the lower opportunity cost of holding narrow money amid continued decreases in deposit rates.
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