In March 2020, public balances with the Ukrainian banks decreased by 2.752 billion hryvnias (nearly 100,5 million dollars) (-0.8%) and by 19 million dollars (-0.2%). It is reported by the National Bank's Expert Platform on Facebook.
According to the experts, the decision of the National Bank of Ukraine not to impose any restrictions on the financial market contributed to the resumption of inflows.
Operational monitoring, conducted by the National Bank, shows that the reduction of balances on individuals' accounts stopped altogether after March 25.
In the last 7 days of March, national currency deposits have even grown by four billion hryvnias (146 million dollars) (+ 1.2%).
"The situation is significantly different from the acute phases of previous crises. In particular, only in August 2014, the reduction of balances of natural persons in national currency amounted to 1.44% and in foreign currency - to 3.11%," the statement said.
As we reported earlier, Ukraine's Cabinet of Ministers released a refreshed macroeconomic forecast, in which this year's inflation rate was increased. In the previous forecast, the index was 5.6; in the new one, it is 11.6 percent.