March 28 (SeeNews) - Romania’s central bank said that M3, the broadest gauge of money supply, grew by a nominal 10.7% year-on-year to 677.9 billion lei ($147 billion/136.3 billion euro) in February, after increasing by an annual 10.8% in January.
On a monthly comparison basis, M3 money supply rose 1.3% in February, the central bank, BNR, said in a monthly monetary statistics report on Tuesday.
In real terms, M3 grew by 3.3% on the year and rose by 0.5% on the month in February.
Romania’s M1 monetary aggregate increased by 3.9% on the year in February, to 404.7 billion lei, after a 3.5% increase in January.
Net foreign assets rose by an annual 23.1% in February, reaching 353.9 billion lei, while net domestic assets inched down by 0.2% year-on-year to 323.9 billion lei.
Details follow (amounts in millions of lei, nominal change in percent):
|
Feb, mln lei |
Feb y/y |
Jan y/y |
M3 |
677,932.3 |
+10.7 |
+10.8 |
M2 |
677,932.3 |
+10.7 |
+10.8 |
M1 |
404,772.3 |
+3.9 |
+3.5 |
Net foreign assets |
353,964.4 |
+23.1 |
+20.8 |
Net domestic assets |
323,967.9 |
-0.2 |
+2.0 |
Source: BNR
(1 euro=4.97315 lei)