September 25 (SeeNews) - Bulgaria's M3, the broadest gauge of money supply, increased 9.6% year-on-year to 91.5 billion levs ($53.5 billion/46.2 billion euro) at the end of August, compared to an annual growth of 10.4% at the end of July, the central bank, BNB, said on Tuesday.
The narrowest measure of money supply, M1, rose 14% on the year to 51.8 billion levs at the end of August, BNB said in a statement.
Net foreign assets increased 6.4% year-on-year at end-August, reaching 55.2 billion levs, while net domestic assets added 8.4% to 55.4 billion levs.
Details follow:
|
end-Aug (mln levs) |
end-Aug (y/y change) |
end-July (y/y change) |
M3 |
91,462 |
9.6% |
10.4% |
M1 |
51,766 |
14.0% |
15.7% |
Quasi money (M2 - M1) |
39,695 |
4.5% |
4.2% |
Net foreign assets |
55,159 |
6.4% |
7.5% |
Net domestic assets |
55,364 |
8.4% |
8.7% |
source: BNB
(1 euro = 1.95583 levs)