July 25 (SeeNews) - Bulgaria's M3, the broadest gauge of money supply, increased to 80.8 billion levs ($48.13 billion/41.3 billion euro) as at end-June, up 7% year-on-year, after growing by an annual 8% in the previous month, the central bank, BNB, said on Tuesday.
The narrowest measure of money supply, M1, rose 15.2% on the year to 42.8 billion levs as of end-June, following a 16.9% annual increase in May, the BNB said in a statement.
Net foreign assets increased by 2.4% year-on-year in June, reaching 49.7 billion levs, while net domestic assets increased by 8.4% to 50.3 billion levs.
Details follow (in billions of levs, nominal change in percent):
|
June bln levs |
June y/y |
May y/y |
M3 |
80.8 |
7.0 |
8.0 |
M1 |
42.8 |
15.2 |
16.9 |
Quasi money (M2-M1) |
37.9 |
-0.9 |
-0.5 |
Net foreign assets |
49.7 |
2.4 |
7.3 |
Net domestic assets |
50.3 |
8.4 |
6.1 |
- domestic credit |
51.6 |
6.7 |
5.2 |
Source BNB
(1 euro = 1.95583 levs)