Bulgaria’s M3, the broadest gauge of money supply, increased 10.8% on the year in April, to 129.8 billion levs ($70.7 billion/66.4 billion euro), the central bank said on Wednesday.
The narrowest measure of money supply and the M3’s most liquid component, the M1 monetary aggregate, rose 18.9% year-on-year to 103.4 billion levs last month, following 18.6% annual growth in March, the Bulgarian National Bank (BNB) said in a statement.
Net foreign assets increased by 7.1% in April compared to the same month of 2021, reaching 72.7 billion levs. Net domestic assets went up 12.8% to 81.2 billion levs at the end of last month.
Details follow (in millions of levs unless stated otherwise):
End-Apr | End-Apr (y/y pct change) | End-Mar (y/y pct change) | |
M3 | 129,829 | 10.8 | 10.7 |
M1 | 103,431 | 18.9 | 18.6 |
M2-M1 | 26,398 | -12.6 | -12.0 |
Net foreign assets | 72,718 | 7.1 | 5.5 |
Net domestic assets | 81,161 | 12.8 | 14.7 |
Source: BNB
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