June 23 (SeeNews) - Bulgaria's M3, the broadest gauge of money supply, increased to 80.4 billion levs ($45.9 billion/41.1 billion euro) as at end-May, up 8% year-on-year, after growing by an annual 7.6% in the previous month, the central bank, BNB, said on Thursday.
The narrowest measure of money supply, M1, rose 16.5% on the year to 42 billion levs as of end-May, following a 16% annual increase in April, the BNB said in a statement.
Net foreign assets increased by 7.3% year-on-year in May, reaching 50.4 billion levs, while net domestic assets increased by 6.1% to 49.3 billion levs.
Details follow (in billions of levs, nominal change in percent):
|
May bln levs |
May y/y |
April y/y |
M3 |
80.39 |
8.0 |
7.6 |
M1 |
42.0 |
16.5 |
16.0 |
Quasi money (M2-M1) |
38.3 |
-0.1 |
-0.1 |
Net foreign assets |
50.43 |
7.3 |
8.2 |
Net domestic assets |
49.35 |
6.1 |
5.1 |
- domestic credit |
50.97 |
5.2 |
3.7 |
Source BNB
(1 euro = 1.95583 levs)