Головна сторінка
/
Новини
/

Ukraine monetary base rises 9.2% in 2018

Ukraine monetary base rises 9.2% in 2018

14 January 2019

Ukraine’s monetary base grew 0.8% m/m (UAH 3.3 bln) to
UAH 435.8 bln in December after rising 1.8% m/m in November, the National Bank
of Ukraine (NBU) stated in a provisional report released on Jan. 12. The
monetary base increased 9.2% yoy in 2018. Money supply grew 3.9% m/m to UAH
1,276 bln, bringing 2018 growth to 5.6% yoy.

 

Evgeniya Akhtyrko: We found
two major factors that contributed to monetary base growth in December. Boosted
NBU foreign currency purchases during the month (net USD 339 mln) caused a
significant amount of hryvnia to be disbursed to the system. Secondly, the
government engaged in its traditional year-end fiscal spending spree. In
particular, treasury residuals dropped by UAH 7.3 bln to UAH 9.9 bln in
December.

 

We expect monetary base to increase 5-6% in 2019.

Останні новини

News

23

02/2022

Separatists may claim entire territories of two Ukrainian regions

Russia has recognized “all fundamental documents” of the self-proclaimed Donetsk and Luhansk People’s Republics (DNR...

News

23

02/2022

U.K. to provide USD 500 mln loan guarantee for Ukraine as IMF mission starts

The British government is going to provide up to USD 500 mln in loan guarantees...

News

23

02/2022

MinFin bond auction receipts jump to UAH 3.5 bln

Ukraine’s Finance Ministry raised UAH 3.3 bln and EUR 7.2 mln (the total equivalent of...