Economy 2021-06-15T06:20:47+03:00
Ukrainian news
Monetary Base Down 1.2% To UAH 407.2 Billion In May

Monetary Base Down 1.2% To UAH 407.2 Billion In May

NBU, bank, monetary base

In May 2018, the monetary base, which includes hard money in circulation off banks, banks' reserve money and other money, according to current data from the National Bank of Ukraine (NBU), decreased by 1.2% from UAH 412.2 billion as at May 1 to UAH 407.2 billion as at June 1.

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

Since January 1, 2018, the monetary base has increased by 2% from UAH 399.1 billion.

In May, monetary supply increased by 0.5% from UAH 1,191.4 billion as at May 1 to UAH 1,197.6 billion as at June 1.

According to the current data provided by the National Bank of Ukraine, the amount of cash in circulation increased by 0.9% from UAH 330.2 billion on May 1 to UAH 333.2 billion as at June 1.

As Ukrainian News Agency earlier reported, in 2017, the monetary base rose by 4.6% from UAH 381.6.

In 2017, monetary supply increased by 9.6% from UAH 1,102.762 billion.

In 2016, the monetary base rose by 13.6% from UAH 336.0 billion as at January 1, 2016 to UAH 381.575 billion as at January 1, 2017.

Monetary supply increased by 10.8% in 2016, from UAH 994.062 billion as of January 1, 2016 to UAH 1,101.641 billion as of January 1, 2017.

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