Monetary developments in the euro area: August 2019

Annual growth rate of broad monetary aggregate M3 increased to 5.7% in August 2019 from 5.1% in July (revised from 5.2%) Annual growth rate of narrower monetary aggregate M1, comprising currency in circulation and overnight deposits, increased to 8.4% in August from 7.8% in July Annual growth rate of adjusted loans to households stood at 3.4% in August, unchanged from […]

Consolidated financial statement of the Eurosystem as at 20 September 2019

In the week ending 20 September 2019 gold and gold receivables (asset item 1) increased by EUR 1 million owing to transactions in gold by two Eurosystem central banks. The net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) decreased by EUR 0.2 billion to EUR 287.8 billion. As a result of the Eurosystem’s open market operations and standing facilities, […]