31 Aug 2026 | 23:34

Belarusians' savings in the national currency are growing — the National Bank

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Belarusians' savings in the national currency are growing — the National Bank

shklovinfo August 23, 2026 8:09 Belarusians' savings in the national currency are growing, BELTA was told by the press service of the National Bank.

In July, the level of dollarization of the economy continued to decline. The share of the ruble component in the average broad money supply increased to 68.6% from 63.3% a year earlier.

There is a leading growth in the ruble segment of the money supply. The average ruble money supply increased over the year by 29.5%, the average broad money supply — by 19.5%.

The steady growth of the population's savings in the national currency continues. The average volume of term ruble deposits increased in annual terms by 28%, including for individuals — by 40.3%.

In general, as noted in the National Bank, the savings activity of Belarusians in July remained at a high level. Term ruble deposits of citizens as of August 1 reached 18.4 billion rubles, increasing over July by 512.9 million rubles, or by 2.9%. Over seven months, these deposits grew by 3.2 billion rubles, or 21.2% (over the same period in 2025, the growth amounted to 2.2 billion rubles, or 20.3%).

The share of term ruble deposits in all term deposits of individuals as of August 1, 2026 reached 72.8% versus 63% a year earlier.

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