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Romania's M3 money supply growth speeds up in Dec - table

Romania's M3 money supply growth speeds up in Dec  - table Source:

BUCHAREST (Romania), January 27 (SeeNews) - Romania's M3, the broadest gauge of the country's money supply, grew by a nominal 10.9% year-on-year to 422.6 billion lei ($93 billion/85 billion euro) in December, compared to a 9.5% increase in November, the central bank, BNR, said on Monday.

On a monthly comparison basis, Romania's M3 money supply rose 2.6% in December, BNR said in a statement.

In real terms, December M3 was 6.6% higher on the year and was 2.2% higher on the month.

Romania's M1 rose 17.8% on the year to 276.9 billion lei last month, compared to 15.6% in November.

Net foreign assets jumped 9.2% in December, reaching 181.8 billion lei, while net domestic assets rose by 12.3% to 241 billion lei.

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

  December, bln lei December y/y November y/y
M3 422.628,6 10.9 9.5
M2 422.628,6 10.9 9.5
M1 276.935,5 17.8 15.6
Net foreign assets 181.847,4 9.2 11.0
Net domestic assets 240.781,2 12.3 8.3

source: BNR

(1 euro=4.7798 lei)