Cash in circulation in Kazakhstan slightly decreases
Baku, Azerbaijan, Feb. 25
By Rashid Shirinov – Trend:
The volume of cash in circulation in Kazakhstan decreased by 4 percent in January 2019 compared to the previous month, to 2.17 trillion tenge, Trend reports via Kazakh media.
The M1 monetary aggregate, including cash and liquid tenge deposits, increased by 14.4 percent last month to 6.41 trillion tenge. Meanwhile, the M2 indicator, which includes cash, all tenge and liquid foreign currency deposits, increased by 9.5 percent to 15.84 trillion tenge.
At the same time, the money supply increased by 2.9 percent to 21.41 trillion tenge. The monetary base or money of the National Bank of Kazakhstan increased by 5 percent to 6.98 trillion tenge in January this year.
In addition, the volume of deposits of second-tier banks and other organizations in the accounts of the National Bank increased by 11.9 percent to 4.51 trillion tenge.
(376.73 KZT = 1 USD on Feb. 25)
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