Ukraine’s money supply M3 rose by 0.5% m/m to UAH 821.7bn (USD 102.7bn), the National Bank of Ukraine (NBU) has announced in its latest report. The volume of cash in circulation outside depository corporations (M0) decreased by 0.3% - to UAH 213.9bn, M1 (M0 + transferable deposits in national currency) - increased by 0.8% to UAH 352.2bn, M2 (M1 + transferable deposits in foreign currency and other deposits) - 0.5% to UAH 819.3bn.
Domestic credit as of May-end totaled UAH 1.1tn, up by 0.85% m/m. Net foreign assets decreased by 6.1% - to UAH 105.8bn. The amount of cash in circulation declined by 0.3% m/m to UAH 213.919bn as of June 1. Since the beginning of 2013, the amount of cash in circulation rose by 5.3% or UAH 10.674bn.
The NBU plans growth of monetary base in Ukraine in 2013 to amount to 6-8% depending on economic development. The government's forecast for macroeconomic indicators contains two scenarios. Under the first, optimistic scenario, the growth of the monetary base in 2013 could be 8%. If the macroeconomic situation develops according to the second pessimistic scenario, there is reason to forecast that the growth of the monetary base will be 6%.
Related Articles
IFC says transparent sale of Ukrainian state banks key to restoring investor confidence
The transparent privatisation of two major state-owned Ukrainian banks — Ukrgasbank and Sense Bank — would send a strong signal to international investors and could help revive foreign interest ... more
Fitch affirms ratings of major Ukrainian state banks at CCC amid high default risks
Fitch Ratings has affirmed the long-term issuer default ratings (IDRs) of three major Ukrainian state-owned banks — Oschadbank, Ukreximbank and Sense Bank — keeping their foreign currency ratings ... more
Ukraine’s Oschadbank Q3 profit up 39%, as PrivatBank shelves EU expansion plans
Ukraine’s state-owned Oschadbank reported a 38.6% year-on-year rise in net profit for the third quarter of 2025, reaching UAH 4.19bn ($104mn), driven by higher interest and commission income ... more