Mogilev District - Pridneprovskaya Niva August 21, 2026 15:38 Belarusians' savings in national currency are growing, BELTA reported in 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 observed accelerated growth in the ruble segment of money supply. The average ruble money supply increased by 29.5% year-over-year, the average broad money supply — by 19.5%.

There is sustained growth in household savings in the national currency. The average volume of term ruble deposits increased by 28% year-over-year, including individuals — by 40.3%.

Overall, as noted in the National Bank, Belarusians' savings activity in July remained at a high level. Term ruble deposits of citizens as of August 1 reached 18.4 billion rubles, increasing in July by 512.9 million rubles, or by 2.9%. Over seven months, these deposits grew by 3.2 billion rubles, or by 21.2% (during the same period in 2025, the growth was 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% against 63% a year earlier.