The money supply in the country in 2023 increased by almost a quarter – by 23%, or by 575.4 billion Hryvnia.
Money supply in Ukraine in 2023 increased by 23%, or by 575.4 billion Hryvnia, to 3.08 trillion Hryvnia. In particular, in December last year, the money supply in Ukraine increased by 7.6%, and the monetary base – by 5.7%. This is confirmed by data from the National Bank of Ukraine (NBU).
At the same time, deposits over the past year increased by 28.6%, or by UAH 525.6 billion, to UAH 2.36 trillion. In particular, Hryvnia deposits increased by 35.2%, or by UAH 424.4 billion, to UAH 1.63 trillion, and foreign currency deposits – by 16.1%, or by UAH 101.1 billion (in Hryvnia equivalent), – to in UAH 731.3 billion.
The NBU indicates that the monetary base (funds in circulation) in 2023 increased by 23.3%, or by UAH 184.4 billion, to UAH 976.9 billion.
At the same time, funds in circulation outside banks over the past year increased by only 7.5%, or by UAH 50.2 billion, to UAH 716.3 billion.
Funds in banks in 2023 will more than double, or by UAH 134.2 billion, to UAH 260.7 billion, although the amount of cash at the cash desks has slightly decreased – from UAH 49 billion to UAH 48.1 billion.
The volume of loans last year decreased by 0.8%, or by UAH 7.7 billion, to UAH 982 billion. Loans in hryvnia increased slightly – by 0.7%, or UAH 5 billion, to UAH 729 billion, while loans in foreign currency decreased by 4.8%, or by UAH 12.7 billion, to UAH 253 billion.
As we have already written, the amount of cash currency imports to Ukraine in October and November 2023 increased accordingly to the equivalent of 1.56 billion dollars and 1.33 billion.
Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.