{"id":129983,"date":"2025-03-14T12:12:42","date_gmt":"2025-03-14T09:12:42","guid":{"rendered":"https:\/\/pozirk.online\/en\/news\/129983\/"},"modified":"2026-03-10T12:05:06","modified_gmt":"2026-03-10T12:05:06","slug":"cash-in-circulation-up-22-percent-year-on-year-central-bank","status":"publish","type":"articles","link":"https:\/\/pozirk.online\/en\/news\/129983\/","title":{"rendered":"Cash in circulation up 22 percent year on year \u2013 central bank"},"content":{"rendered":"\n<figure class=\"block-image block-image-normal\">\n\n  <img decoding=\"async\" width=\"1128\" height=\"753\" src=\"https:\/\/pozirk.online\/wp-content\/uploads\/2024\/01\/2024-01-25-09.11.27-e1713779963439.jpg\" class=\"attachment-full size-full\" alt=\"\" \/>\n  <figcaption>\n  \n       <div class=\"block-image__author\">\n                <span>(Pozirk)<\/span>\n    <\/div>\n     <\/figcaption>\n<\/figure>\n\n\n\n<p><strong>March 14, <em>Pozirk.<\/em><\/strong> Belarus\u2019 cash in circulation (M0) has grown by 0.4 percent since the start of 2025 and by 22 percent year on year to 11.9 billion rubels (some $3.8 billion at the current exchange rate) on March 1, the National Bank of Belarus said.<\/p>\n\n\n\n<p>Transferable deposits saw an increase of 18.5 percent over the year, from 13.3 to 15.4 billion rubels.<\/p>\n\n\n\n<p>Broad money supply (M3) rose by 17 percent to 87.5 billion rubels, while the rubel money supply (M2) soared by 29.2 percent to 51.3 billion rubels.<\/p>\n\n\n\n<p>Last year, Raman Ha\u0142o\u016d\u010danka, who at that time served as prime minister, 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<p>Earlier this month, Alaksandar \u0141uka\u0161enka put Ha\u0142o\u016d\u010danka in charge of the central bank, noting that the official had always wanted to be more involved in the banking system.<\/p>\n\n\n\n<p>Experts have already pointed out that Ha\u0142o\u016d\u010danka lacks appropriate training and may cause turmoil in Belarus\u2019 economy, while his ties to the military and Russia may negatively affect Belarus\u2019 finances, banking and currency.<\/p>\n\n\n\n<div class=\"insert-block\">\n\n    <div class=\"insert-block__img\">\n        <img decoding=\"async\" width=\"354\" height=\"236\" src=\"https:\/\/pozirk.online\/wp-content\/uploads\/2024\/01\/pozirk_color_blank_1128x752-354x236.jpg\" class=\"attachment-medium size-medium\" alt=\"\" srcset=\"https:\/\/pozirk.online\/wp-content\/uploads\/2024\/01\/pozirk_color_blank_1128x752-354x236.jpg 354w, https:\/\/pozirk.online\/wp-content\/uploads\/2024\/01\/pozirk_color_blank_1128x752-734x490.jpg 734w, https:\/\/pozirk.online\/wp-content\/uploads\/2024\/01\/pozirk_color_blank_1128x752-178x118.jpg 178w, https:\/\/pozirk.online\/wp-content\/uploads\/2024\/01\/pozirk_color_blank_1128x752-768x512.jpg 768w, https:\/\/pozirk.online\/wp-content\/uploads\/2024\/01\/pozirk_color_blank_1128x752.jpg 1128w\" sizes=\"(max-width: 354px) 100vw, 354px\" \/>                        <label class=\"insert-block__tag--mobile\"> \u042d\u043a\u043e\u043d\u043e\u043c\u0438\u043a\u0430<\/label>\n\n                            <label class=\"insert-block__tag--mobile\"> \u041f\u043e\u043b\u0438\u0442\u0438\u043a\u0430<\/label>\n\n                <\/div>\n    <div class=\"insert-block__text\">\n                    <label class=\"insert-block__tag\">\u042d\u043a\u043e\u043d\u043e\u043c\u0438\u043a\u0430, \u041f\u043e\u043b\u0438\u0442\u0438\u043a\u0430<\/label>\n                <h3 class=\"insert-block__title\">\u0141atu\u0161ka: central bank loses all independence<\/h3>\n        <div class=\"insert-block__descr\">March 10, Pozirk. With the appointment of Raman Ha\u0142o\u016d\u010danka as head of the Belarusian National Bank, the regulator is &quot;completely losing its independence,&quot; former minister Pavie\u0142 \u0141atu\u0161ka told Pozirk, commenting on today&#039;s reshuffle. &quot;Ha\u0142o\u016d\u010danka was once responsible for protecting the &#8230;<\/div>\n        <a class=\"insert-block__btn-block\" href=\"\/en\/news\/129404\">\n            <button class=\"btn\">\n                <div class='btn__text'>Read the article<\/div>\n            <\/button>\n        <\/a>\n    <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>March 14, Pozirk. Belarus\u2019 cash in circulation (M0) has grown by 0.4 percent since the start of 2025 and by 22 percent year on year to 11.9 billion rubels (some $3.8 billion at the current exchange rate) on March 1, the National Bank of Belarus said. Transferable deposits saw an increase of 18.5 percent over [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":63029,"template":"","rubric":[21],"class_list":["post-129983","articles","type-articles","status-publish","has-post-thumbnail","hentry","rubric-economy"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cash in circulation up 22 percent year on year \u2013 central bank | Pozirk<\/title>\n<meta name=\"description\" content=\"March 14, Pozirk. Belarus\u2019 cash in circulation (M0) has grown by 0.4 percent since the start of 2025 and by 22 percent year on year to 11.9 billion rubels\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pozirk.online\/en\/news\/129983\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cash in circulation up 22 percent year on year \u2013 central bank | Pozirk\" \/>\n<meta property=\"og:description\" content=\"March 14, Pozirk. Belarus\u2019 cash in circulation (M0) has grown by 0.4 percent since the start of 2025 and by 22 percent year on year to 11.9 billion rubels\" \/>\n<meta property=\"og:url\" content=\"https:\/\/pozirk.online\/en\/news\/129983\/\" \/>\n<meta property=\"og:site_name\" content=\"Pozirk\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/pozirkonline\/\" \/>\n<meta property=\"article:modified_time\" content=\"2026-03-10T12:05:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/pozirk.online\/wp-content\/uploads\/2024\/01\/2024-01-25-09.11.27-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1128\" \/>\n\t<meta property=\"og:image:height\" content=\"753\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@Pozirk_online\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/pozirk.online\/en\/news\/129983\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/pozirk.online\/en\/news\/129983\/\"},\"headline\":\"Cash in circulation up 22 percent year on year \u2013 central bank\",\"datePublished\":\"2025-03-14T09:12:42+00:00\",\"dateModified\":\"2026-03-10T12:05:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/pozirk.online\/en\/news\/129983\/\"},\"wordCount\":197,\"publisher\":{\"@id\":\"https:\/\/pozirk.online\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/pozirk.online\/en\/news\/129983\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/pozirk.online\/wp-content\/uploads\/2024\/01\/2024-01-25-09.11.27-1.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/pozirk.online\/en\/news\/129983\/\",\"url\":\"https:\/\/pozirk.online\/en\/news\/129983\/\",\"name\":\"Cash in circulation up 22 percent year on year \u2013 central bank | Pozirk\",\"isPartOf\":{\"@id\":\"https:\/\/pozirk.online\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/pozirk.online\/en\/news\/129983\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/pozirk.online\/en\/news\/129983\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/pozirk.online\/wp-content\/uploads\/2024\/01\/2024-01-25-09.11.27-1.jpg\",\"datePublished\":\"2025-03-14T09:12:42+00:00\",\"dateModified\":\"2026-03-10T12:05:06+00:00\",\"description\":\"March 14, Pozirk. 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