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In November, monetary base increases by 2% to record UAH 1.18 trillion

Hryvnia. Money. Economy
Hryvnia. Money. Economy

In November, the monetary base, which includes cash in circulation outside banks, as well as banks' reserve money and other money, increased by 2% to UAH 1,177.741 billion, according to the National Bank's operational data.

This is evidenced by the data of the National Bank, the Ukrainian News agency reports.

Since the beginning of the year, the monetary base has grown by 11.9% to UAH 1,052.113 billion.

The money supply in November increased by 1% to UAH 3,768.921 billion, and since the beginning of the year it has grown by 8% from UAH 3,488.377 billion.

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The volume of cash in circulation, according to the NBU's operational data, increased by 1.5% to UAH 856.809 billion in November, and has grown by 12.8% since the beginning of the year from UAH 759.753 billion.

As the Ukrainian News agency earlier reported, in 2024, the monetary base grew by 7.7% from UAH 976.940 billion.

In 2023, the monetary base grew by 23.3% from UAH 792.537 billion.

In 2022, the monetary base increased by 19.6% from UAH 662.499 billion.

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In 2021, the monetary base increased by 11.2% from UAH 595.993 billion to UAH 662.499 billion.

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