Bulgaria's M1 Money Supply Rises 11.4% y/y in Jan

Bulgaria's M1 Money Supply Rises 11.4% y/y in Jan

Bulgaria's M1 money supply, which includes cash in circulation and demand deposits, rose 11.4% on the year in January to 35.38 billion levs ($20 billion/18.1 billion euro), central bank data showed on Tuesday.
The M2 money supply fell to 73.48 billion levs in December from 73.9 billion levs a year earlier, the Bulgarian National Bank (BNB) said in a press release.
The M3 broad money increased by an annual 6.6% to 73.5 billion levs.
Net foreign assets grew by an annual 17.9% in January to 41.4 billion levs, while domestic assets fell by 2.4% to 50.7 billion levs.

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