May 25 (SeeNews) - Romania’s central bank said on Thursday that M3, the broadest gauge of money supply, grew by a nominal 8.6% year-on-year to 618.6 billion lei ($133.8 billion/124.8 billion euro) in April, following an 8.2% rise in March.
On a monthly comparison basis, M3 money supply edged up 0.8% in April, the central bank, BNR, said in a monthly monetary statistics report.
In real terms, M3 was 2.4% lower on the year in April and inched up by 0.02% on the month.
Romania’s M1 monetary aggregate decreased by 6.5% on the year in April, to 381.9 billion lei, after a 6% drop in March.
Net foreign assets rose by an annual 16.1% in March, reaching 283.1 billion lei, while net domestic assets added 3% to 335.5 billion lei.
Details follow (billions of lei, nominal change in percent):
|
Apr, bln lei |
Apr y/y |
March y/y |
M3 |
618.680,4 |
8.6 |
8.2 |
M2 |
618.680,4 |
8.6 |
8.2 |
M1 |
381.901,5 |
-6.5 |
-6.0 |
Net foreign assets |
283.129,1 |
16.1 |
17.5 |
Net domestic assets |
335.551,4 |
3.0 |
1.2 |
Source: BNR
(1 euro=4.95845 lei)