BUCHAREST (Romania), September 23 (SeeNews) - Romania’s M3, the broadest gauge of the country’s money supply, grew by a nominal 8.2% year-on-year to 577 billion lei ($113.9 billion/116.7 billion euro) in August, compared to a 9.6% rise in July, the central bank, BNR, said on Friday.
On a monthly comparison basis, Romania’s M3 money supply edged up 0.1% in August, BNR said in a monthly report published on its website.
In real terms, August M3 was 6.2% lower on the year and decreased by 0.4% on the month.
Romania’s M1 rose 6.3% on the year to 403.8 billion lei in August, compared to 9.9% in July.
Net foreign assets rose by an annual 0.3% in August, reaching 250.3 billion lei, while net domestic assets rose 15.1% on the year to 326.5 billion lei.
Details follow (billions of lei, nominal change in percent):
||August, bln lei
|Net foreign assets
|Net domestic assets
(1 euro=4.9437 lei)