Ukraine's monetary base expands by 3.7% in June alone

Ukraine's monetary base in June 2017 expanded by 3.7%, to UAH 381.757 billion, or US$14.68 billion, according to the National Bank of Ukraine (NBU).

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Since the beginning of the current year, this indicator has remained virtually unchanged, the NBU said.

Read alsoFT: Ukraine's economy has turned a cornerThe money supply grew by 1.3% in June 2017, to UAH 1.103 trillion, or US$42.4 billion, which was due to an increase in cash outside banks by 2.4% and the expansion of the balance of hryvnia deposits by 2% in June 2017 from May 2017.

As UNIAN reported earlier, the monetary base in Ukraine in 2016 grew by 13.6% from 2015, to UAH 381.575 billion, or US$14.67 billion.

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