Ukraine's monetary base shrinks by 0.6 % in July

Monetary base in Ukraine decreased by 0.6% in July 2017, to UAH 379.553 billion, or US$14.8 billion, according to the National Bank of Ukraine (NBU) website.

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Money supply, or M3, grew by 1% to UAH 1,114 trillion, or $43.3 billion, in July 2017 due to an increase in cash in circulation outside banks and balances on deposits.

Read alsoNBU simplifies terms of Eurobonds purchase by banksAs UNIAN reported earlier, the volume of monetary base in Ukraine grew by 3.7% in June 2017, to UAH 381.757 billion, or $14.8 billion.

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