Bulgaria's Sept M1 Money Supply Rises 7.05% Y/Y, Down 1.4 M/M - Table

The M2 money supply totalled 45.632 billion levs at the end of September, up 19.4% from a year earlier and 0.09% lower on the month. The M3 broad money stood at 45.690 billion levs at end-September, up 19.5% on the year and 0.05 lower than at the end of August.

BULGARIA MONEY SUPPLY (in millions levs):

NOTE: The central bank started releasing money supply data on a monthly basis in January 2007 when the country joined the European Union, instead of issuing figures weekly. Bulgaria is running an IMF-prescribed currency board system, a tight monetary arrangement that ties the level of cash in circulation to the amount of central bank reserves.The fixed exchange rate of the Bulgarian lev under this system is 1.95583 per euro.

(1 euro = 1.95583 Bulgarian levs)