Money stock in Ukraine in January 2018 decreased by 2.7%, to UAH 1.177 trillion, the relevant preliminary data of monetary statistics have been posted on the website of the National Bank of Ukraine (NBU).
According to the central bank, the corresponding dynamics is due to the growth of off-bank cash by 3.3%, to UAH 321.573 billion, and ending stock on deposits by 2.4%, to UAH 854.874 billion.
The loan portfolio of banks in January increased 2.9%, to UAH 1.039 trillion. At the same time, the volume of loans in the national currency rose by 0.4%, to UAH 572.224 billion, in foreign currency by 4.7%, to UAH 466.999 billion.
According to the NBU, the cost of hryvnia loans for businesses last month decreased by 0.5 percentage points, to 15.3% per annum, foreign exchange by 0.5 percentage points, to 6.1% per annum.
The cost of hryvnia loans for the population decreased 2.3 percentage points in January, to 29.7% per annum, in foreign currency by 0.5 percentage points, to 8.4% per annum.
The deposit portfolio of banks in the national currency in January fell by 2.9%, to UAH 476.239 billion, while in foreign currency decreased by 1.8%, to UAH 378.636 billion.
Monetary base in January narrowed 1.7%, to UAH 392.326 billion.
Net forex reserves fell by 9.5% in January 2018, to $6.039 billion. The debt of banks on refinancing loans decreased 1.5%, to UAH 67.65 billion.