BUCHAREST (Romania), June 27 (SeeNews) - Romania’s M3, the broadest gauge of the country’s money supply, grew by a nominal 12.6% year-on-year to 569.4 billion lei ($123 billion/115 billion euro) in May, compared to a 13.1% increase in April, the central bank, BNR, said on Monday.
On a monthly comparison basis, Romania’s M3 money supply edged down 0.1% in May, BNR said in a monthly report published on its website.
In real terms, May M3 was 1.7% lower on the year and fell 1.2% on the month.
Romania’s M1 rose 15.3% on the year to 323.7 billion lei in May, compared to 17.1% in April.
Net foreign assets rose by an annual 3.7% in May, reaching 245 billion lei, while net domestic assets rose 20.4% on the year to 323.7 billion lei.
Details follow (billions of lei, nominal change in percent):
||May, bln lei
|Net Foreign Assets
|Net domestic assets
(1 euro = 4.9459 Romanian lei)