Ukraine's monetary base grows by 0.6 % in Nov

Monetary base in Ukraine increased by 0.6% in November 2017, to UAH 378.746 billion, or US$14 billion, according to the National Bank of Ukraine (NBU) website.

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The monetary base has shrunk by 0.7% since the beginning of the year, the report says.

According to the data provided, the money supply, or M3, increased by 0.3% in November, while it has grown by 2.4% since the beginning of the year, to UAH 1.129 trillion, or $41.6 billion.

Read alsoCentral bank says inflation in Ukraine to exceed forecast level by year-endAs UNIAN reported earlier, the country's monetary base rose by 0.9%, in September 2017, to UAH 376.6 billion ($13.9 billion), while the money supply increased by 0.1%, to UAH 1.125 trillion ($41.5 billion).

In 2016, the monetary base grew by 13.6%, while the money supply soared by 10.8%.

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