SOFIA (Bulgaria), September 23 (SeeNews) - Bulgaria's M3, the broadest gauge of money supply, increased by 11.6% year-on-year in August to 136.1 billion levs ($67.9 billion/69.6 billion euro) following an 11.1% annual growth in July, the central bank said on Friday.
The M1 monetary aggregate, the narrowest measure of money supply and the M3's most liquid component, added 17.8% on the year in the eighth month of 2022, reaching roughly 110.3 billion levs, the Bulgarian National Bank (BNB) said in a monthly report.
At some 75.3 billion levs, the amount of net foreign assets at the end of August was 2% higher compared to a year earlier, after adding 1.48% on the month.
Details follow (in millions of levs unless stated otherwise):
||End-Aug (y/y pct change)
||End-July (y/y pct change)
|Net foreign assets
|Net domestic assets
(1 euro = 1.95583 levs)