Bulgaria's M3 money supply grows 8.8% y/y in Jan

The M1 monetary aggregate, the narrowest measure of money supply and the M3's most liquid component, grew by 8.2% year-on-year last month, reaching 125.2 billion levs, the Bulgarian National Bank (BNB) said in a monthly monetary statistics report.

At some 87.37 billion levs, the volume of net foreign assets at the end of January was 2.2% higher on the year and 3.4 percentage points lower than the annual growth posted in December.

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

Source: BNB

(1 euro = 1.95583 levs)