October 25 (SeeNews) - Bulgaria's M3, the broadest gauge of money supply, increased 8.7% on the year, reaching 77.6 billion levs ($43.2 billion/39.7 billion euro) as of end-September, after growing by 8.9% in the previous month, the central bank, BNB, said on Tuesday.
The narrowest measure of money supply, M1, rose 14.6% on the year to 39.3 billion levs last month, following a 14.5% annual increase in August, BNB said in a statement.
Net foreign assets increased by 24.0% year-on-year in September, reaching 50.7 billion levs, while domestic assets decreased by 2.7% to 47 billion levs.
Details follow (in billions of levs, nominal change in percent):
|
September bln levs |
September y/y |
August y/y |
M3 |
77.56 |
8.7 |
8.9 |
M1 |
39.3 |
14.6 |
14.5 |
Quasi money (M2-M1) |
38.2 |
3.1 |
3.8 |
Net foreign assets |
50.7 |
24 |
24 |
Net domestic assets |
47 |
-2.7 |
-2.5 |
- domestic credit |
48.7 |
-3.4 |
-3.0 |
Source: BNB
(1 euro = 1.95583 levs)