April 23 (SeeNews) - Bulgaria's M3, the broadest gauge of money supply, went up 8% on the year in March to some 156.4 billion levs ($85 billion/80 billion euro) after rising by an annual 8% in February, the central bank said on Tuesday.
The M1 monetary aggregate, the narrowest measure of money supply and the M3's most liquid component, added 8% year-on-year last month, reaching nearly 127 billion levs, the Bulgarian National Bank (BNB) said in a monthly monetary statistics report.
At roughly 87.2 billion levs, the volume of net foreign assets at the end of March was 1.7% higher in annual terms and 0.9 percentage points higher than the growth recorded in February.
Details follow (in millions of levs unless stated otherwise):
|
End-March |
End-March (y/y pct change) |
End-Feb (y/y pct change) |
M3 |
156,423 |
8.0 |
8.0 |
M1 |
126,981 |
8.0 |
7.6 |
M2-M1 |
29,443 |
8.2 |
10.1 |
Net foreign assets |
87,249 |
1.7 |
0.8 |
Net domestic assets |
101,269 |
19.6 |
20.1 |
Source: BNB
(1 euro = 1.95583 levs)