Broad Money Supply Rose by 1.5% in September

Reform.news Editorial Team · 14 October 2026, 11:23

https://reform.news/en/broad-money-supply-rose-by-1-5-in-september/

The National Bank of Belarus has published data on broad money supply as of October 1.

According to the regulator’s report, broad money supply (BMS) increased by 1.5%, or 1.68 billion roubles, in September, reaching 117.69 billion roubles as of October 1.

Since the beginning of the year, broad money supply has increased by 14.2%, or 14.66 billion roubles.

Cash in circulation rose by 167.4 million roubles in September to 17.99 billion roubles. Since the beginning of the year, the volume of cash in circulation has increased by 3.5 billion roubles.

The M1 monetary aggregate, including transferable deposits, increased by 1.36 billion roubles last month to 43.15 billion roubles.

Money supply under the national definition increased by 1.9 billion roubles to 77.54 billion roubles.

The rouble money supply grew by 1.85 billion roubles to 80.92 billion roubles.

Foreign currency deposits increased by $4 million in October to $11.97 billion. At the same time, deposits held by individuals fell by $3 million to $4.91 billion, while deposits held by legal entities rose by $7 million to $7.06 billion.