17 Sep 2013 16:21

Belarus sees broad money supply rise 12.2% in Jan-Aug

MINSK. Sept 17 (Interfax) - Broad money supply in Belarus was 180.97 trillion Belarusian rubles on September 1 2013, up 12.2% since the start of the year, the National Bank of Belarus reported.

Broad money supply rose 2.2% in August.

M0 cash money supply grew 23.1% in the eight months and 4.7% in August to 13.92 trillion Bel. rubles.

M1 money supply reached 37.7 trillion Bel. Rubles, up 9.5% in January-August and 1.2% in August.

M2* money supply (M1 plus other ruble deposits, retail and corporate funds in ruble securities) was 79.4 trillion Bel. Rubles on September 1, up 15.6% from the start of the year and 2.7% in August.

M2 money supply, without retail and corporate funds in ruble securities, was 76.65 trillion Bel. Rubles, up 16.8% and 3.7%, respectively.

Bank issued national-currency securities (outside of bank turnover) totaled 2.74 trillion Bel. rubles and fell 10.6% in the eight months and 18.8% in August. Foreign currency securities climbed 7.2% in the eight months and 8.3% in August to $505.4 million.

Precious metal deposits increased 8.4% in August, but slid 0.6% in January-August to 352.1 billion Bel. rubles.

The foreign currency component of the broad money supply climbed 0.5% in August to $11.3 billion with a rise of 4.5% in January-August.

Retail and corporate ruble deposits climbed 3.5% in August and 15.5% in January-August to 62.7 trillion Bel. rubles. Foreign currency deposits went up 0.2% and 4.5%, respectively, to $10.75 billion.

Broad money supply climbed 45% in 2012 to 161.3 trillion Bel. rubles on January 1 2013.

The official exchange rate on September 17 stood at 9,010 Bel. rubles /$1.