Ukraine sees decrease in monetary base

The monetary base in Ukraine decreased by 0.2% in October, as compared to September, to UAH 354.644 billion, according to the National Bank of Ukraine (NBU).

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Since the beginning of the year, the nation's monetary base has increased by 5.5% to UAH 18.645 billion, according to data published by the NBU.

The central bank also said that the amount of out-of-bank cash grew by 0.2% in October, and by 3.8% since the beginning of 2016, amounting to UAH 293.320 billion.

Read alsoNBU says inflation growing as projectedMonetary aggregate M3 grew by 0.04% in October, and by 6.1% since the beginning of the year to UAH 1.054 trillion.

As UNIAN reported earlier, the monetary base in 2015 grew by 0.8% to UAH 336 billion.

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