{"id":100488,"date":"2024-08-14T15:07:43","date_gmt":"2024-08-14T12:07:43","guid":{"rendered":"https:\/\/pozirk.online\/en\/news\/100488\/"},"modified":"2026-02-24T20:40:57","modified_gmt":"2026-02-24T20:40:57","slug":"cash-in-circulation-up-15-percent-in-seven-months-central-bank","status":"publish","type":"articles","link":"https:\/\/pozirk.online\/en\/news\/100488\/","title":{"rendered":"Cash in circulation up 15 percent in seven months \u2013 central bank"},"content":{"rendered":"\n

August 14, Pozirk.<\/em><\/strong> Belarus’ cash in circulation (M0) rose by 15 percent to 10.9 billion rubels (some $3.3 billion at the current exchange rate) on August 1, the National Bank said.<\/p>\n\n\n\n

Transferable deposits fell by 4.1 percent to 14.4 billion rubels in the first seven months of 2024. Broad money supply (M3) rose by 5.3 percent to 79.6 billion rubels. Rubel money supply (M2) grew by 10 percent to 46.2 billion rubels.<\/p>\n\n\n\n

On August 7, Prime Minister Raman Ha\u0142o\u016d\u010danka criticized \u201cso-called experts\u201d warning about the risk of overheating. \u201cThe other side paints economic news only in a negative light for people who are not very knowledgeable about economic models,\u201d he said.<\/p>\n\n\n\n

He dismissed assessments pointing to excessive money supply in Belarus as evidence of the experts\u2019 poor understanding of economic processes.<\/p>\n\n\n\n

Ha\u0142o\u016d\u010danka said that money supply could be even higher, but the government saw no need to provide more loans to the banking system at the moment.<\/p>\n\n\n\n

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