September 23 (SeeNews) - Romania's M3, the broadest gauge of the country's money supply, grew by a nominal 17.8% year-on-year to 533.3 billion lei ($126 billion/108 billion euro) in August, compared to a 17.7% increase in July, the central bank, BNR, said on Thursday.
On a monthly comparison basis, Romania's M3 money supply rose 1.5% in August, BNR said in a statement.
In real terms, August M3 was 11.9% higher on the year and edged up 1.3% on the month.
Romania's M1 rose 23.7% on the year to 379.7 billion lei last month, compared to a 24.1% growth in July.
Net foreign assets rose by an annual 12.4% in August, reaching 249.5 billion lei, while net domestic assets rose by 22.9% to 283.8 billion lei.
Details follow (in billions of lei, nominal change in percent):
|
Aug, bln lei |
Aug y/y |
July y/y |
M3 |
533.282,4 |
17.8 |
17.7 |
M2 |
533.282,4 |
17.8 |
17.7 |
M1 |
379.722,4 |
23.7 |
24.1 |
Net foreign assets |
249.499.9 |
12.4 |
11.8 |
Net domestic assets |
283.782,5 |
22.9 |
23.5 |
source: BNR
(1 euro=4.9490 lei)