March 23 (SeeNews) - Bulgaria's M3, the broadest gauge of money supply, increased 7.3% year-on-year, reaching 79.23 billion levs ($43.7 billion/40.5 billion euro) as of end-February, after growing by 7.6% in the previous month, the central bank, BNB, said on Thursday.
The narrowest measure of money supply, M1, rose 14.7% on the year to 40.5 billion levs as of end-February, following a 14.3% annual increase in January, the BNB said in a statement.
Net foreign assets increased by 19.9% year-on-year in February, reaching 50.7 billion levs, while domestic assets decreased by 4.2% to 48.7 billion levs.
Details follow (in billions of levs, nominal change in percent):
|
Feb, bln levs |
Feb y/y |
Jan y/y |
M3 |
79.2 |
7.3 |
7.6 |
M1 |
40.5 |
14.7 |
14.3 |
Quasi money (M2-M1) |
38.6 |
0.4 |
1.4 |
Net foreign assets |
50.7 |
19.9 |
20.8 |
Net domestic assets |
48.7 |
-4.2 |
-3.3 |
- domestic credit |
50.2 |
-4.7 |
-3.3 |
Source: BNB
(1 euro = 1.95583 levs)