January 24 (SeeNews) - Bulgaria's M3, the broadest gauge of money supply, increased 9.9% year-on-year to 102.5 billion levs ($57.8 billion/52.4 billion euro) at the end of December, up from an annual growth rate of 9.3% at the end of November, the central bank said on Friday.
The narrowest measure of money supply, M1, rose 15.5% on the year to 61.9 billion levs at the end of December, compared to a 13.6% annual rise at the end of November, BNB said in a statement.
Net foreign assets increased 3.1% year-on-year at the end of December, reaching 57.8 billion levs. Net domestic assets added 14.1% to 66.1 billion levs.
Details follow (y/y pct change unless otherwise stated):
|
end-Dec (mln levs) |
end-Dec |
end-Nov |
M3 |
102,469 |
9.9 |
9.3 |
M1 |
61,867 |
15.5 |
13.6 |
M2-M1 |
40,602 |
2.3 |
3.6 |
Net foreign assets |
57,801 |
3.1 |
5.0 |
Net domestic assets |
65,165 |
14.1 |
13.5 |
source: BNB
(1 euro = 1.95583 levs)