SeenewsSeenews
Search
Seenews
AlertsSeenewsSeenews
Searchclose
TOPICS
arrow
COUNTRIES
arrow
INDUSTRY
arrow
Economy
arrow
Browse Economy
Mix and match your focus countries with our advanced search
Investments
arrow
Browse Investments
Mix and match your focus countries with our advanced search
Deals
arrow
Browse Deals
Mix and match your focus countries with our advanced search
Tech
arrow
Browse Tech
Mix and match your focus countries with our advanced search
Green
arrow
Browse Green
Mix and match your focus countries with our advanced search
0/5
You have 5 free articles left this month
You have 0/5 free articles
Sign up to get 5 more free articles this month
SIGN UP
arrow
LOGIN
arrow

Bulgaria's M3 money supply grows 8.3% y/y in April

May 27, 2024, 12:30:42 PMArticle by Mihaela Miteva
share
May 27 (SeeNews) - Bulgaria's M3, the broadest gauge of money supply, increased by an annual 8.3% in April to some 157.1 billion levs ($87.2 billion/80.3 billion euro) after adding 8% on the year in March, the central bank said on Monday.

Bulgaria's M3 money supply grows 8.3% y/y in April
Image source: BNB

The M1 monetary aggregate, the narrowest measure of money supply and the M3's most liquid component, climbed by 8.3% year-on-year last month, reaching 127.6 billion levs, the Bulgarian National Bank (BNB) said in a monthly monetary statistics report.

At some 85.36 billion levs, the volume of net foreign assets at the end of April was 1.8% higher in annual terms and 0.1 percentage points more than the growth booked in March.

Details follow (in millions of levs unless stated otherwise):

End-April End-April (y/y pct change) End-March (y/y pct change)
M3 157,078 8.3 8.0
M1 127,590 8.3 8.0
M2-M1 29,487 7.9 8.2
Net foreign assets 85,361 1.8 1.7
Net domestic assets 103,447 19.0 19.6

Source: BNB

(1 euro = 1.95583 levs)

Your complete guide to the emerging economies of Southeast Europe. From latest news to bespoke research – the big picture at the tip of your fingers.