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Belarusians’ Money Oozed From All Kinds Of Deposits In October

Belarusians’ Money Oozed From All Kinds Of Deposits In October

The deposits in Belarusian rubles fell by 5.3%.

In October of the current year, Belarusian enterprises sharply reduced time deposits in the national currency and increased foreign currency deposits. This is evidenced by the statistics of the National Bank, according to spektr.by.

According to the financial department, time deposits in Belarusian rubles as of November 1 amounted to 6.84 billion rubles, they increased over ten months from the beginning of the year by 7.2%.

In October, deposits in the national currency fell by 5.3%, despite the fact that in September their growth by 1.9% was noted. The share of individuals accounts for 3.9 billion rubles. At the beginning of the year, the deposits grew by 16.6%.

Deposits of enterprises amounted to 2.95 billion rubles, which is a decline of 3.1% since the beginning of the year, and a decrease of 11.9% in October.

The reduction of the time deposits of enterprises and the current accounts of the population in the national currency caused a decrease in the broad money supply as a whole.

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