October 26 (SeeNews) - Bulgaria's M3, the broadest gauge of money supply, rose 13.3% on the year to 122.8 billion levs ($72.9 billion/62.8 billion euro) in September, compared to an annual growth rate of 13.6% a month earlier, the central bank said.
The narrowest measure of money supply, M1, increased by 20.1% year-on-year, reaching some 94.8 billion levs in September, following a 20.7% annual rise in August, the Bulgarian National Bank (BNB) said in a statement on Monday.
Net foreign assets went up by an annual 8.4% in the month under review, reaching 73.8 billion levs, while net domestic assets rose by 15% to 72.6 billion levs.
Details follow:
|
end-Sept (mln levs) |
end-Sept y/y pct change |
end-Aug y/y pct change |
M3 |
122,821 |
13.3 |
13.6 |
M1 |
94,822 |
20.1 |
20.7 |
M2-M1 |
27,999 |
-4.9 |
-5.0 |
Net foreign assets |
73,775 |
8.4 |
14.9 |
Net domestic assets |
72,607 |
15.0 |
8.7 |
source: BNB
(1 euro = 1.95583 levs)