November 23 (SeeNews) - Bulgaria's M3, the broadest gauge of money supply, rose 12.7% on the year to 123.2 billion levs ($70.9 billion/62.9 billion euro) in October, compared to an annual growth rate of 13.3% a month earlier, the central bank said on Tuesday.
The narrowest measure of money supply, M1, increased by 19.7% year-on-year, reaching some 95.6 billion levs in October, following a 20.1% annual rise in September, the Bulgarian National Bank (BNB) said in a statement.
Net foreign assets went up by an annual 8.1% in the month under review, reaching 73.1 billion levs, while net domestic assets rose by 14.9% to 74.0 billion levs.
Details follow:
|
end-Oct (mln levs) |
end-Oct y/y pct change |
end-September y/y pct change |
M3 |
123,160 |
12.7 |
13.3 |
M1 |
95,577 |
19.7 |
20.1 |
M2-M1 |
27,583 |
-6.4 |
-4.9 |
Net foreign assets |
73,090 |
8.1 |
15.3 |
Net domestic assets |
74,039 |
14.9 |
5.4 |
source: BNB
(1 euro = 1.95583 levs)