BAKU, Azerbaijan, Mar. 24
By Nargiz Sadikhova - Trend:
The value of Kazakhstan’s monetary base amounted to 9.5 trillion tenge ($22.7 billion) in Feb. 2021, which is 4.2 percent more than last months and 2.2 percent less than as of the end of Dec. 2020, Trend reports with reference to the data of Kazakhstan’s National Bank.
"The narrow reserve money equaled 4.8 trillion tenge ($11.5 billion), which is 0.9 percent less than last month and 4.2 percent less than at beginning of the year," the report said.
"In turn, the value of the currency in circulation stood at 2.7 trillion tenge ($6.5 billion), which is 1.1 percent more than in Jan. 2021 and 2.9 percent less compared to the value as of the beginning of the year," the statement said.
M1 money aggregate increased by 1.5 percent since the beginning of the year and amounted to 7.2 trillion tenge ($17.3 billion), whereas M2 money aggregate increased by 2 percent and equaled 19.5 trillion tenge ($46.3 billion).
"The broad money value amounted to 25.2 trillion tenge ($60.03 billion), which is down by 0.4 percent compared to January 2021 and 1.5 percent more than at the beginning of the year," the report said.
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