November 23 (SeeNews) - Bulgaria's M3, the broadest gauge of money supply, increased 8.2% year-on-year to 84.2 billion levs ($50.98 billion/43 billion euro) as at end-October, after growing by equal rate in the previous month, the central bank, BNB, said on Thursday.
The narrowest measure of money supply, M1, rose 16.2% on the year to 45.9 billion levs at end-October, following a 16.3% annual increase in September, the BNB said in a statement.
Net foreign assets edged up 3.5% year-on-year in October, reaching 51.9 billion levs, while net domestic assets increased by 8.6% to 51.8 billion levs.
Details follow (in billions of levs, nominal change in percent):
| |
Oct (bln levs) |
Oct y/y (%) |
Sept y/y (%) |
| M3 |
84.2 |
8.2 |
8.2 |
| M1 |
45.9 |
16.2 |
16.3 |
| Quasi money (M2-M1) |
38.2 |
0.0 |
0.0 |
| Net foreign assets |
51.9 |
3.5 |
3.0 |
| Net domestic assets |
51.78 |
8.6 |
8.9 |
Source: BNB
(1 euro=1.95583 levs)