March 26 (SeeNews) - Bulgaria's M3, the broadest gauge of money supply, grew by 8% year-on-year in February to some 155.2 billion levs ($86 billion/79.4 billion euro) after adding an annual 8.8% in January, the central bank said on Tuesday.
The M1 monetary aggregate, the narrowest measure of money supply and the M3's most liquid component, increased by 7.6% on the year last month, reaching 125.6 billion levs, the Bulgarian National Bank (BNB) said in a monthly monetary statistics report.
At some 87.1 billion levs, the volume of net foreign assets at the end of February was 0.8% higher in annual terms and 1.4 percentage points lower than the growth booked in January.
Details follow (in millions of levs unless stated otherwise):
|
End-Feb |
End-Feb (y/y pct change) |
End-Jan (y/y pct change) |
M3 |
155,245 |
8.0 |
8.8 |
M1 |
125,586 |
7.6 |
8.2 |
M2-M1 |
29,659 |
10.1 |
11.3 |
Net foreign assets |
87,108 |
0.8 |
2.2 |
Net domestic assets |
99,472 |
20.1 |
19.7 |
Source: BNB
(1 euro = 1.95583 levs)