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

Nov 24, 2022, 1:54:33 PMArticle by Razvan Timpescu
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November 24 (SeeNews) - Romania’s M3, the broadest gauge of the country’s money supply, grew by a nominal 7% year-on-year to 580.8 billion lei ($121 billion/117.4 billion euro) in October, compared to an 8.6% rise in September, the central bank, BNR, said on Thursday.

Romania’s M3 money supply growth slows down in October - table
National Bank of Romania. Author: Doinita Dolapchieva. Licence: All Rights Reserved.

On a monthly comparison basis, Romania’s M3 money supply edged down 0.2% in October, BNR said in a monthly report published on its website.

In real terms, October M3 was 7.2% lower on the year and decreased by 1.4% on the month.

Romania’s M1 rose 2.4% on the year to 398.1 billion lei in October, compared to 5.7% in September.

Net foreign assets rose by an annual 6% in October, reaching 257.9 billion lei, while net domestic assets rose 7.7% on the year to 322.8 billion lei.

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

October, bln lei October y/y September y/y
M3 580.835,8 7.0 8.6
M2 580.835,8 7.0 8.6
M1 398.146,0 2.4 5.7
Net foreign assets 257.961,1 6.0 2.4
Net domestic assets 322.874,7 7.7 13.9

Source: BNR

(1 euro=4.9309 lei)

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