February 23 (SeeNews) - Bulgaria's M3, the broadest gauge of money supply, increased 7.6% year-on-year, reaching 79.14 billion levs ($42.7 billion/40.5 billion euro) as of end-January, after growing by the same pace in the previous month, the central bank, BNB, said on Thursday.
The narrowest measure of money supply, M1, rose 14.3% on the year to 40.4 billion levs as of end-January, following a 13.5% annual increase in December, the BNB said in a statement.
Net foreign assets increased by 20.8% year-on-year in January, reaching 50 billion levs, while domestic assets decreased by 3.3% to 49.0 billion levs.
Details follow (in billions of levs, nominal change in percent):
|
Jan, bln levs |
Jan y/y |
Dec y/y |
M3 |
79.14 |
7.6 |
7.6 |
M1 |
40.4 |
14.3 |
13.5 |
Quasi money (M2-M1) |
38.6 |
1.4 |
2.0 |
Net foreign assets |
50.0 |
20.8 |
22.3 |
Net domestic assets |
49.0 |
-3.3 |
-3.7 |
- domestic credit |
50.5 |
-3.3 |
-4.3 |
Source: BNB
(1 euro = 1.95583 levs)