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Broad money supply in Belarus 0.9% up in June

Economy 12.07.2019 | 13:46

MINSK, 12 July (BelTA) – As of 1 July 2019 the broad money supply in Belarus totaled Br43.773 billion, 0.9% up from 1 June, 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 4.5% to Br3.243 billion in June.

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 up by 8.1% in June to Br8.777 billion.

As of 1 July 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 Br16.781 billion, 6% up in June.

The volume of national currency securities issued by banks (outside bank circulation) rose by 4.7% in June to Br1.3 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 Br18.081 billion as of 1 July, 5.9% up from 1 June.

The volume of foreign currency securities issued by banks (outside banking) went down by 14.8% in June to Br1.72 billion.

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