Monetary base in Ukraine increased by 0.6% in November, to UAH 378.746 billion, or $14 billion, according to the National Bank of Ukraine (NBU) website.
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.
The country’s monetary base rose by 0.9%, in September, 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%. (UNIAN/Business World Magazine)