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Economy 2019-03-15T04:08:42+02:00
Ukrainian news
Monetary Base Up 0.8% To UAH 435.797 Billion In December

Monetary Base Up 0.8% To UAH 435.797 Billion In December

In December 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), rose by 0.8% from UAH 432.527 as at December 1 to UAH 435.797 billion as at January 1.

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

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

In December, monetary base decreased by 3.9% from UAH 1,228.8 billion as at December 1 to UAH 1,276.2 billion as at January 1.

In compliance with the NBU's latest data, the amount of cash in circulation in December rose by 3.8% from UAH 351.5 billion as at December 1 to UAH 364.8 billion as at January 1, and in 2018, it grew by 9.7% from UAH 332.546 billion.

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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