Money supply dropped by 2.5% in JulyThe money supply dropped by 2.5% to PLN 277.7bn (USD 63.1bn) in July, according to the National Bank of Poland's (NBP) data published on Monday. For the last twelve months, the money supply rose by 16.4%. "The July data show that both money supply and credits are under control," said Grzegorz Wojtowicz, a member of the Monetary Policy Council (RPP). In July, loans for individuals dropped by 15% to PLN 43.2bn (USD 9.8bn), while the savings increased by 1% to PLN 143bn (USD 32.5bn). Another positive factor was an increase of currency deposits of enterprises -- by 6.4% to PLN 12.6bn (USD 2.9bn).