February 25 (SeeNews) - Bulgaria's M3, the broadest gauge of money supply, increased 8.3% year-on-year to 101.5 billion levs ($56.3 billion/51.9 billion euro) at the end of January, up from an annual growth rate of 9.9% at the end of 2019, the central bank said on Friday.
The narrowest measure of money supply, M1, soared 34.5% on the year to 72.2 billion levs at the end of January, compared to a 15.5% annual rise at the end of last year, BNB said in a statement.
Net foreign assets increased 2.8% year-on-year at the end of January, reaching 57.4 billion levs. Net domestic assets added 11.9% to 65.7 billion levs.
Details follow (y/y pct change unless otherwise stated):
|
end-Jan (mln levs) |
end-Jan |
end-2019 |
M3 |
101,480 |
8.3 |
9.9 |
M1 |
72,170 |
34.5 |
15.5 |
M2-M1 |
29,310 |
-26.9 |
2.3 |
Net foreign assets |
57,447 |
2.8 |
3.1 |
Net domestic assets |
65,670 |
11.9 |
14.1 |
source: BNB
(1 euro = 1.95583 levs)