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Romania's M3 money supply growth flattish in Nov - table

Dec 28, 2020, 12:00:00 AMArticle by Nicoleta Banila
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December 28 (SeeNews) - Romania's M3, the broadest gauge of the country's money supply, grew by a nominal 15.9% year-on-year to 477.29 billion lei ($119.5 billion/97.96 billion euro) in November, compared to a 16% increase in October, the central bank, BNR, said on Monday.

Romania's M3 money supply growth flattish in Nov - table
Author: Doinita Dolapchieva. Licence: All rights reserved.

On a monthly comparison basis, Romania's M3 money supply rose 1.7% in November, BNR said in a statement.

In real terms, November M3 was 13.4% higher on the year and rose 1.6% on the month.

Romania's M1 rose 23.8% on the year to 328.696 billion lei last month, compared to a 24.8% growth in October.

Net foreign assets jumped 19.4% in November, reaching 216.3 billion lei, while net domestic assets rose by 13.1% to 260.95 billion lei.

Details follow (in billions of lei, nominal change in percent):

Nov, bln lei Nov y/y Oct y/y
M3 477.295,6 15.9 16.0
M2 477.295.6 15.9 16.0
M1 328.696,6 23.8 24.8
Net foreign assets 216.342,5 19.4 17.1
Net domestic assets 260.953,1 13.1 15.1

source: BNR

(1 euro=4.8735 lei)

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