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Romania's M3 money supply growth slows down in Oct - table

Romania's M3 money supply growth slows down in Oct - table Author: Doinita Dolapchieva. Licence: All rights reserved.

BUCHAREST (Romania), November 25 (SeeNews) - Romania's M3, the broadest gauge of the country's money supply, grew by a nominal 15.7% year-on-year to 543 billion lei ($123 billion/110 billion euro) in October, compared to a 16.2% increase in September, the central bank, BNR, said.

On a monthly comparison basis, Romania's M3 money supply rose 1.3% in October, BNR said in a statement on Wednesday.

In real terms, October M3 was 7.2% higher on the year and edged down 0.5% on the month.

Romania's M1 rose 21.1% on the year to 388.7 billion lei last month, compared to a 21.5% growth in September.

Net foreign assets rose by an annual 11.2% in October, reaching 243.2 billion lei, while net domestic assets rose by 19.6% to 300 billion lei.

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

Oct, bln lei Sep y/y Aug y/y
M3 542.910,7 15.7 16.2
M2 542.910,7 15.7 16.2
M1 388.793,6 21.1 21.5
Net foreign assets 243.249,2 11.2 14.6
Net domestic assets 299.661,5 19.6 17.7

source: BNR

(1 euro=4.9490 lei)