Increase Of Currency In Circulation 10/7/2012 Tweet The total value of currency in circulation as of 31st August 2012 amounted to KM 2.744.692.101,80. There are 45.189.661 pieces of banknotes in total value of KM 2.622.734.470 in circulation as well as 233.251.452 pieces of coins in total value of KM 121.957.631,80.Compared to the same date of the last year, currency in circulation increased by KM 118.859.033,50 or approximately by 4.53%. Following the fall of the currency in circulation, which was recorded in 2009, this is the third year in a row, in which, the increase was recorded. An increase of currency in circulation in recent months occurred primarily as a result of impact of the touristic season and the visit of BH citizens that live abroad. The increase of the currency in circulation is a sign of continuation of the local currency confidence strengthening, and at the same time, it is one of the elements that affects the growth of foreign exchange reserves of Bosnia and Herzegovina, which amounted to KM 6.23 billion (EUR 3.19 billion). The growth of foreign exchange reserves is a clear indication that the current account deficit still has funding resources, i.e. it is not being funded at the expense of the foreign exchange reserves. Public Relations Section
