SOFIA (Bulgaria), March 23 (SeeNews) – Bulgaria’s M3, the broadest gauge of money supply, increased 9.9% year-on-year to 127 billion levs ($71.3 billion/64.9 billion euro) in February, the central bank said on Wednesday.
The narrowest measure of money supply, M1, rose 16.9% on the year to roughly 100 billion levs last month, following a 16.2% annual rise in January, the Bulgarian National Bank (BNB) said in a statement.
Net foreign assets increased by 6.2% in February compared to the same time in 2021, reaching 71.9 billion levs. Net domestic assets went up 12.9% to 79.4 billion levs at the end of last month.
Details follow:
End-Feb (mln levs) |
End-Feb (y/y pct change) |
End-Jan (y/y pct change) |
|
M3 | 127,024 | 9.9 | 10.0 |
M1 | 99,980 | 16.9 | 16.2 |
M2-M1 | 27,043 | -10.1 | -7.7 |
Net foreign assets | 71,880 | 6.2 | 6.7 |
Net domestic assets | 79,372 | 12.9 | 11.8 |
End-Feb
(mln levs)
End-Feb
(y/y pct change)
End-Jan
(y/y pct change)
Source: BNB
Credit: Source link