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The monetary base in Ukraine in February 2015 increased by 1.5%.

The monetary base in Ukraine in February 2015 increased by 1.5%.

Posted in News.

The monetary base in Ukraine after falling 1.9% in January rose in February by 1.5% – up to 331.6 billion UAH, and cash out of banks – just 3.5%, to 283.8 billion UAH.
According to the National Bank of Ukraine, the money supply over the past month increased by 21.5% at once – up to 1.1376 trillion UAH.
The Head of the NBU said that the increase in the monetary base in 2015 required to meet the needs of the economy and the banking system in the means of payment, estimated at 30%, or 100 billion UAH.
For two months, the monetary base in the country has decreased by 1.59 billion UAH or 0.5%, and the amount of cash in circulation increased by 0.89 billion UAH or 0.3%.
The growth of money supply was 180.86 billion UAH or 18.9%.
Last year, the growth of the monetary base in Ukraine slowed to 8.5% from 20.3% in 2013 was significantly lower than the limit established by the Basic Principles on the monetary policy of Ukraine (28%).
The money supply in 2014 increased by 4.9% while in December it decreased by 1.8%.

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