Money supply in Ukraine in July grew by 1%, to UAH 1.115 trillion, the National Bank of Ukraine (NBU) has reported.
The central bank said that the pace was linked to the increase in off-bank cash by 1.3%, to UAH 311.639 billion, and deposits in the national currency by 0.9%, to UAH 802.786 billion.
The deposit portfolio in the foreign currency in July expanded by 1.4%, to UAH 353.004 billion.
Corporate credits issued in hryvnias cheapened in July: credit rate fell by 0.8% and by 3.8% since early 2017, to 13% per annum.
Deposit rates in the national currency for business fell by 0.2% and by 2.9% since early 2017, to 8%.
Credit rates in the national currency for the public in July fell by 1.1% and by 2.1% since early 2017, to 28.8%.
Deposit rate in the national currency for the public declined by 0.1% and by 3.4% since early 2017, to 12.2% per annum.
Monetary base in July narrowed by 0.6%, to UAH 379.553 billion. Since early 2017 it fell by 0.5%.
Net forex reserves fell by 5.8% in July, to $4.928 billion. Debts of banks for refinancing credits fell by 1.4%, to UAH 64.496 billion. Since early 2017, net forex reserves grew by 16.7%, while the debt narrowed by 13.7%. (Interfax-Ukraine/Business World Magazine)
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