February 25 (SeeNews) - Bulgaria's M3, the broadest gauge of money supply, increased 10% year-on-year to 93.7 billion levs ($54.41 billion/47.9 billion euro) at the end of January, compared to an annual growth of 8.8% at the end of 2018, the central bank, BNB, said on Monday.
The narrowest measure of money supply, M1, rose 13.5% on the year to 53.6 billion levs at the end of December, compared to a 12.2% annual rise at the end of last year, BNB said in a statement.
Net foreign assets increased 7.9% year-on-year at the end of January, reaching 55.9 billion levs. Net domestic assets added 11%, to 58.7 billion levs.
Details follow (y/y pct change unless otherwise stated):
|
end-Jan (mln levs) |
end-Jan |
end-2018 |
M3 |
93,729 |
10.0 |
8.8 |
M1 |
53,644 |
13.5 |
12.2 |
Quasi-money (M2-M1) |
40,084 |
5.8 |
4.7 |
Net foreign assets |
55,864 |
7.9 |
8.4 |
Net domestic assets |
58,687 |
11.0 |
7.8 |
(1 euro = 1.95583 levs)