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

Romania’s M3 money supply growth slows down in May - table Romania's central bank - BNR

BUCHAREST (Romania), June 27 (SeeNews) - Romania’s M3, the broadest gauge of the country’s money supply, grew by a nominal 12.6% year-on-year to 569.4 billion lei ($123 billion/115 billion euro) in May, compared to a 13.1% increase in April, the central bank, BNR, said on Monday.

On a monthly comparison basis, Romania’s M3 money supply edged down 0.1% in May, BNR said in a monthly report published on its website.

In real terms, May M3 was 1.7% lower on the year and fell 1.2% on the month.

Romania’s M1 rose 15.3% on the year to 323.7 billion lei in May, compared to 17.1% in April.

Net foreign assets rose by an annual 3.7% in May, reaching 245 billion lei, while net domestic assets rose 20.4% on the year to 323.7 billion lei.

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

May, bln lei May y/y Apr y/y
M3 569,421.4 12.6 13.1
M2 569,421.4 12.6 13.1
M1 404,691.2 15.3 17.1
Net Foreign Assets 245,702.8 3.7 -0.1
Net domestic assets 323,718.5 20.4 2.6

(1 euro = 4.9459 Romanian lei)

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