Broad Money Supply Falls 1.3% In October in Belarus

Reform.news Editorial Team · 13 November 2026, 11:43

https://reform.news/en/broad-money-supply-falls-1-3-in-october-in-belarus/

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

According to the regulator, broad money supply fell by 1.3%, or 1.53 billion rubles, in October, standing at 116.16 billion rubles as of November 1.

Since the beginning of the year, broad money supply has increased by 12.7%, or 13.13 billion rubles.

Cash in circulation rose by 189.4 million rubles in October to 18.175 billion rubles. Since the beginning of the year, its volume has increased by 3.7 billion rubles.

The M1 monetary aggregate, including transferable deposits, fell by 1.25 billion rubles last month to 41.9 billion rubles.

Money supply under the national definition decreased by 1.2 billion rubles to 76.35 billion rubles.

The ruble money supply increased by 1.26 billion rubles to 79.66 billion rubles.

Foreign currency deposits rose by $252.6 million in October to $12.22 billion. Individual deposits increased by $21.2 million to $4.93 billion, while corporate deposits grew by $231.4 million to $7.29 billion.