September 23 (SeeNews) - Bulgaria's M3, the broadest gauge of money supply, rose 13.6% on the year to 122 billion levs ($73.1 billion/62.4 billion euro) in August, compared to an annual growth rate of 13.4% a month earlier, the central bank said on Thursday.
The narrowest measure of money supply, M1, added 20.7% year-on-year, reaching some 93.6 billion levs in August, following a 19.8% annual rise in July, the Bulgarian National Bank (BNB) said in a statement.
Net foreign assets increased by an annual 14.9% in the month under review, reaching 73.8 billion levs, while net domestic assets rose by 8.7% to 71.8 billion levs.
Details follow:
|
end-Aug (mln levs) |
end-Aug y/y pct change |
end-July y/y pct change |
M3 |
122,007 |
13.6 |
13.4 |
M1 |
93,576 |
20.7 |
19.8 |
M2-M1 |
28,431 |
-5.0 |
-3.0 |
Net foreign assets |
73,805 |
14.9 |
13.9 |
Net domestic assets |
71,849 |
8.7 |
9.6 |
source: BNB
(1 euro = 1.95583 levs)