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Broad money supply in Belarus 1.9% up in February

Economy 14.03.2019 | 13:26

MINSK, 14 March (BelTA) – As of 1 March 2019 broad money supply in Belarus totaled Br43.3796 billion, 1.9% up from 1 February, 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) grew by 2% to Br2.926 billion in February.

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 4.6% in February to Br7.8897 billion.

As of 1 March 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 Br15.3747 billion, 3% up in February.

The volume of national currency securities issued by banks (outside bank circulation) increased by 23.4% in February to Br1.173 billion.

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 Br16.548 billion as of 1 March, 4.3% up from 1 February.

The volume of foreign currency securities issued by banks (outside banking) went up by 0.5% in February to Br2.0457 billion.

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