Kazakhstan's monetary base value down
BAKU, Azerbaijan, Mar. 28
By Nargiz Sadikhova – Trend:
Kazakhstan’s monetary base amounted to 6.3 trillion tenge ($14.3 billion) as of February 2020, which is 7.2 percent less compared to last month, Trend reports with reference to the data of Kazakhstan’s National Bank.
In turn, Kazakhstan’s narrow monetary base equaled 5.3 trillion tenge ($11.9 billion), which also is 1.5 percent less compared to January 2020.
Value of cash in circulation in Kazakhstan stood at 2.2 trillion tenge ($4.9 billion) as of the end of February 2020, which is 3.7 percent less compared to as of January 2020.
Talking Kazakhstan’s money aggregates, M1 aggregate stood at 5.6 trillion tenge ($12.7 billion), which is 4.1 percent less compared to January 2020, whereas M2 aggregate amounted to 15.5 trillion tenge ($34.7 billion), which also is 3.4 percent less compared to last month.
National Bank’s data also said that Kazakhstan’s money supply was 20.7 trillion tenge ($46.6 billion) as of the end of February 2020, which is 2.5 percent less compared to the end of January 2020.