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Romania’s M3 money supply growth slows down in April - table

Author Tudor Popescu
Romania’s M3 money supply growth slows down in April - table Romania's central bank - BNR

BUCHAREST (Romania), May 24 (SeeNews) - Romania’s M3, the broadest gauge of the country’s money supply, grew by a nominal 13.1% year-on-year to 569.7 billion lei ($123.4 billion/115.2 billion euro) in April, compared to a 13.6% increase in March, the central bank, BNR, said on Tuesday.

On a monthly comparison basis, Romania’s M3 money supply edged up 0.4% in April, BNR said in a monthly report published on its website.

In real terms, April M3 was 0.5% lower on the year and fell 3.2% on the month.

Romania’s M1 rose 17.1% on the year to 408.4 billion lei in April, compared to 18.3% in March.

Net foreign assets dropped by an annual 0.1% in April, reaching 243.9 billion lei, while net domestic assets rose 2.6% on the year to 325.7 billion lei.

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

Apr, bln lei Apr y/y Mar y/y
M3 569.722,7 13.1 13.6
M2 569.722,7 13.1 13.6
M1 408.474,9 17.1 18.3
Net Foreign Assets 243.990,1 -0.1 5.2
Net domestic assets 325.732,6 2.6 21.0

(1 euro = 4.9457 Romanian lei)

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