Bulgaria's M3 money supply grows 8.4% y/y in Oct

The M1 monetary aggregate, the narrowest measure of money supply and the M3's most liquid component, increased by 7.5% on the year last month, reaching 120.8 billion levs, the Bulgarian National Bank (BNB) said in a monthly monetary statistics report.

At some 83.5 billion levs, the volume of net foreign assets at the end of October was 6.1% higher in annual terms and 0.6 percentage points lower than the growth booked in September.

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

Source: BNB

(1 euro = 1.95583 levs)