November 23 (SeeNews) - Bulgaria's M3, the broadest gauge of money supply, increased 9.7% year-on-year to 92.4 billion levs ($53.6 billion/47.2 billion euro) at the end of October, compared to an annual growth of 9.2% at the end of September, the central bank, BNB, said on Friday.
The narrowest measure of money supply, M1, rose 14.8% on the year to 52.7 billion levs at the end of October, compared to a 13.5% annual rise at the end of September, BNB said in a statement.
Net foreign assets increased 7.7% year-on-year at end-October, reaching 56.0 billion levs. Net domestic assets also added 7.7%, to 55.8 billion levs.
Details follow (y/y pct change unless otherwise stated):
|
end-Oct (mln levs) |
end-Oct |
end-Sept |
M3 |
92,408 |
9.7 |
9.2 |
M1 |
52,697 |
14.8 |
13.5 |
Quasi money (M2-M1) |
39,711 |
3.9 |
4.1 |
Net foreign assets |
55,961 |
7.7 |
6.5 |
Net domestic assets |
55,777 |
7.7 |
7.8 |
source: BNB
(1 euro = 1.95583 levs)