September 25 (SeeNews) - Bulgaria's M3, the broadest gauge of money supply, went up 9.6% on the year in August to some 149.1 billion levs ($81.1 billion/76.2 billion euro), after rising by an annual 9.9% in July, the central bank said on Monday.
The M1 monetary aggregate, the narrowest measure of money supply and the M3's most liquid component, added 9.3% year-on-year last month, reaching 120.6 billion levs, the Bulgarian National Bank (BNB) said in a monthly monetary statistics report.
At roughly 86 billion levs, the volume of net foreign assets at the end of August was 14.2% higher in annual terms and 0.1 percentage points lower than the growth recorded in July.
Details follow (in millions of levs unless stated otherwise):
| |
End-Aug |
End-Aug (y/y pct change) |
End-July (y/y pct change) |
| M3 |
149,072 |
9.6 |
9.9 |
| M1 |
120,561 |
9.3 |
10.3 |
| M2-M1 |
28,511 |
10.5 |
8.3 |
| Net foreign assets |
85,994 |
14.2 |
14.3 |
| Net domestic assets |
90,988 |
7.1 |
7.1 |
Source: BNB
(1 euro = 1.95583 levs)