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Republic

17 October 2008

Belarus’ broad money supply 22.1% up in January-September

In January-September 2008, Belarus’ broad money supply was up 22.1% to exceed Br29.9 trillion, BelTA learnt from the information department of the National Bank of Belarus. In September the broad money supply was up 1.2%. Over the nine months of 2008, the cash in circulation totalled Br4249.8 billion (up 27.9%). The cash in circulation accounted for 14.2% of the broad money supply. As of October 1, 2008, corporate and individual transferable deposits amounted to Br6295,9 billion, up 16.2% over the nine months this year. Other deposits in the national currency grew 27.1% to total Br8885,1 billion. Investments in bank bonds were up 7.2% in January-September to Br1105,4 billion. By October 1, 2008 the volume of foreign currency deposits reached Br9265,2 billion, up 20.8% from early 2008. The volume of foreign currency bank bonds expanded by 74.1% over the nine months to Br114.2 billion.

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