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Cash in circulation down in Kazakhstan

Business Materials 25 September 2018 14:20 (UTC +04:00)
Cash in circulation in Kazakhstan in August this year decreased 0.2 percent compared to the previous month
Cash in circulation down in Kazakhstan

Baku, Azerbaijan, Sept. 25

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Cash in circulation in Kazakhstan in August this year decreased 0.2 percent compared to the previous month, reads the message of the National Bank of Kazakhstan on Sept. 25.

Compared to December last year, cash in circulation increased 7.9 percent, to 2.1 trillion tenges.

The M1 monetary aggregate, including cash and liquid deposits in tenges, decreased 4.8 percent in August. Since the beginning of this year, it increased by 5.7 percent, to 5.25 trillion tenges.

In turn, the M2 monetary aggregate decreased by 5.9 percent, to 13.83 trillion tenges. The money supply decreased by 2.3 percent, to 19.78 trillion tenges.

The monetary base of the National Bank of Kazakhstan decreased 3.9 percent last month, to 6.12 trillion tenges.

The deposits of second-tier banks and other organizations on accounts in the National Bank of Kazakhstan decreased 4.7 percent to 3.7 trillion tenges.

(354.12 tenges = 1 USD on Sept. 25)

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