KIEV, Aug. 6 – Ukraine's monetary base in July expanded by 1.9%, to UAH 223.8 billion, while its monetary stock grew by 3.4%, to UAH 551.7 billion, the National Bank of Ukraine reported on its official Web site.

Since the beginning of the year, the monetary base has increased by 14.8%, while the monetary stock has risen by 13.2%.

As the NBU said, the monetary base dynamics were linked with a seasonal increase in demand for cash and the transfer by the NBU of a difference between its revenues and expenses to the national budget.