March 24 (SeeNews) - Bulgaria's M3, the broadest gauge of money supply, increased 7.8% year-on-year to 102 billion levs ($56.6 billion/52.2 billion euro) at the end of February, down from an annual growth rate of 8.3% at the end of January, the central bank said on Tuesday.
The narrowest measure of money supply, M1, soared 33% on the year to 72.3 billion levs at the end of February, compared to a 34.5% annual rise at the end of January, BNB said in a statement.
Net foreign assets increased 2.8% year-on-year at the end of February, reaching 58.9 billion levs. Net domestic assets added 11.5% to 65 billion levs.
Details follow (y/y pct change unless otherwise stated):
|
end-Feb (mln levs) |
end-Feb |
end-Jan |
M3 |
102 |
7.8 |
8.3 |
M1 |
72.3 |
33 |
34.5 |
M2-M1 |
29.7 |
-26.1 |
-26.9 |
Net foreign assets |
58.9 |
2.8 |
2.8 |
Net domestic assets |
65 |
11.5 |
11.9 |
source: BNB
(1 euro = 1.95583 levs)