Daily Insight -- Liquidity decline
​As cash in banks declined on Monday and Tuesday, banking sector liquidity continued to fall as the Treasury balanced revenues and expenditures. As a result, non-monetary operations caused a UAH1.69bn decline that matched the banking sector liquidity decline. Yesterday, banks' correspondent accounts with the NBU were down UAH1.07bn to UAH37.85bn and total CDs outstanding slid UAH0.61bn to UAH63.31bn, causing banking sector liquidity to decline UAH1.69bn to UAH101.16bn.
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