Bulgaria's M3 money supply rises 8% y/y in March

The M1 monetary aggregate, the narrowest measure of money supply and the M3's most liquid component, added 8% year-on-year last month, reaching nearly 127 billion levs, the Bulgarian National Bank (BNB) said in a monthly monetary statistics report.

At roughly 87.2 billion levs, the volume of net foreign assets at the end of March was 1.7% higher in annual terms and 0.9 percentage points higher than the growth recorded in February.

Details follow (in millions of levs unless stated otherwise):

Source: BNB

(1 euro = 1.95583 levs)