Monetary Base Up 0.6% To UAH 616.304 Billion In February

In February 2021, the monetary base that includes cash circulating beyond banks and reserves of the banks and other money rose by 0.6% to UAH 616.304 billion.

The National Bank of Ukraine has said this in a statement, Ukrainian News Agency reports.

Since the start of the year, the monetary base has risen by 3.4% from UAH 595.993 billion.

In 2020, the monetary base rose by 24.8% from UAH 477.491 billion.

In February, the monetary base rose by 0.2% to UAH 1,842.18 billion, and since the start of the year, it has fallen by 0.4% from UAH 1,850.014 billion.

The volume of cash in circulation in February, according to the NBU's latest data, decreased by 0.2% to UAH 513.871 billion, and since the start of the year, it has fallen by 0.4% from UAH 516.085 billion.

In 2020, the amount of cash rose by 34.2% from UAH 384.366 billion year over year.

As Ukrainian News Agency earlier reported, on 2019, the monetary base rose by 9.6% from UAH 435.798 billion year over year to UAH 477.491 billion.

In 2018, the monetary base rose by 9.2% from UAH 399.1 billion year over year.