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Bulgaria Money Supply Growth Slows In March

Bulgaria's money supply growth eased slightly in March, figures from the Bulgarian National Bank showed Monday.

M3, the broad measure of money supply, rose 1.9 percent year-over-year in March, slower than previous month's 2.0 percent climb.

At the same time, annual growth in the narrow measure, M1 accelerated to 15.3 percent in March from 15.1 percent in February.

Net foreign reserve assets increased at a faster pace of 32.9 percent to BGN 38.290 billion in March, following a 25.8 growth in the preceding month.

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