The Belarusian Economy Has Given Two Interesting Signals

The amount of cash and the broad money supply is growing.

According to the National Bank of the Republic of Belarus, March 1, the volume of cash in circulation continued to increase and for the first time exceeded Br15 billion, reaching Br15.046 billion. This is Br482 million more than it was at the beginning of February. A month earlier, the growth was much more modest - only about Br83 million.

The total volume of broad money supply also increased - up to Br102.865 billion. At the same time, the figure has not yet exceeded the January level: on January 1, it amounted to more than Br103 billion.

It should be noted that the growth in the amount of cash may indicate that Belarusians trust banks less and less. The growth of the broad money supply usually indicates the work of the "printing press".

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