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14 August 2018, 16:54

Broad money supply in Belarus 0.2% down in July

MINSK, 14 August (BelTA) – As of 1 August 2018, broad money supply in Belarus totaled Br39.071 billion, 0.2% down from 1 July, BelTA learned from the official website of the National Bank of the Republic of Belarus (NBRB). Broad money supply includes cash in circulation and bank accounts of individuals and corporations.

Cash in circulation (monetary aggregate M0) rose by 1.4% to Br2.699 billion in July.

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) dropped by 2.3% in July to Br7.255 billion.

As of 1 August, 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 Br14.033 billion, 0.5% down in July.

The volume of national currency securities issued by banks (outside bank circulation) shrank by 9% in July to Br704.2 million.

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 corporations in ruble-nominated securities, amounted to Br14.737 billion as of 1 August, 0.9% down from 1 July.

The volume of foreign currency securities issued by banks (outside banking) went down by 3% in July to Br2.147 billion.

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