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Belarus' broad money supply up 4.09% in December 2017

Economy 12.01.2018 | 13:27
An archive photo
An archive photo

MINSK, 12 January (BelTA) – As of 1 January 2018, broad money supply in Belarus totaled Br39.848 billion, up 4.09% from 1 December 2017. Broad money supply includes cash in circulation and account deposits of individuals and legal entities, BelTA learned from the official website of the National Bank of the Republic of Belarus.

In December 2017, cash in circulation (monetary aggregate M0) increased by around 5.8% to Br2.346 billion.

The active ruble money supply (monetary aggregate M1), which comprises cash in circulation and transferable deposits in national currency (current account deposits in rubles, demand deposits in rubles, other accounts in rubles) went up by 17.1% to Br7.302 billion in December 2017.

As of 1 January, the money supply in national terms (monetary aggregate M2), which comprises the M1 aggregate and other deposits in national currency (fixed-term deposits, escrow deposits) amounted to Br13.686 billion, down 10.8% in December.

The volume of national currency securities issued by banks (outside bank circulation) surged by 35.4% to Br383.6 million in December 2017.

The ruble money supply (monetary aggregate M2*), which comprises the M1 aggregate, other deposits in national currency (fixed-term deposits, escrow deposits), money of individuals and legal entities in ruble-nominated securities, amounted to Br14.07 billion as of 1 January, up 11.4% in December.

The volume of foreign currency securities issued by banks (outside banking) went up by 4.9% to Br2.527 billion in December 2017.

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