Money supply in Kazakhstan climbed 1.5% in December, rose 15% in twelve months
ALMATY. Jan 26. Interfax-Kazakhstan - Kazakhstan's money supply expanded by 1.5% in December 2011 (in January-December by 15%) to 9.751 trillion tenge, the National Bank of Kazakhstan reported.
Total cash in circulation decreased by grew 10.6% to 1.366 trillion tenge in December (an increase of 18.9% over twelve months). The volume of deposits in the banks increased 0.2% to 8.385 trillion tenge in December (or an 11.6% rise in twelve months).
The monetary base shrank 4.3% in December to 2.836 trillion tenge (expanded 10.3% in January-December). The narrow monetary base (excluding second-tier banks' term deposits in the National Bank) declined by 3.4% to 2.739 trillion tenge (an increase of 27.8% in twelve months).
The official exchange rate for January 26: 148.61 tenge/$1.