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Monetary Base Down 1.2% To UAH 608.677 Billion In March

In March 2021, the monetary base that includes cash circulating beyond banks and reserves of the banks and other money decreased by 1.2% to UAH 608.677 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 2.1% from UAH 595.993 billion.

In March, the monetary base rose by 0.8% to UAH 1,854.252 billion, and since the start of the year, it has risen by 0.2% from UAH 1,850.014 billion.

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The volume of cash in circulation in March, according to the NBU's latest data, decreased by 0.6% to UAH 512.543 billion, and since the start of the year, it has fallen by 0.7% from UAH 516.085 billion.

As Ukrainian News Agency earlier reported, in 2020, the monetary base rose by 24.8% from UAH 477.491 billion.

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

On 2019, the monetary base rose by 9.6% from UAH 435.798 billion year over year to UAH 477.491 billion.

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

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