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Broad money supply in Belarus 0.5% down in July

Economy 14.08.2019 | 11:42
An archive photo
An archive photo

MINSK, 14 August (BelTA) – As of 1 August 2019 the broad money supply in Belarus totaled Br43.548 billion, 0.5% 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 (the monetary aggregate M0) grew by nearly 8% to Br3.268 billion in July.

The active ruble money supply (the 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 down by 2.6% in July to Br8.546 billion.

As of 1 August the money supply in national terms (the monetary aggregate M2), which comprises the M1 aggregate and other deposits in national currency (fixed-term deposits, escrow deposits) amounted to Br16.389 billion, 2.3% down in July.

The volume of national currency securities issued by banks (outside bank circulation) rose by 14.5% in July to Br1.488 billion.

The ruble money supply (the 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 Br17.877 billion as of 1 August, 1.1% down from 1 July.

The volume of foreign currency securities issued by banks (outside banking) went down by 2.8% in July to Br1.672 billion.

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