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Money supply grew by 34,3% in Kazakhstan last year

Money supply grew by 34,3% in Kazakhstan last year

Money supply increased by 34,3% in our country for 2015, in numbers, 17,207 trillion tenges were sent to the market, the National Bank reported.

The volume of cash in the local market went up by 10,2%, exact in numbers, it's equal to 1,237 trillion tenges.

For 2015, the monetary base extended for 39,2% and composed of 4,75 trillion tenges. The contracted monetary base (without term deposits of banks of the second level in National Bank) extended for 41%, in numbers, covered over 4,671 trillion tenges.

As reported earlier, Kazakhstan passed to the new monetary policy based on the mode of inflationary targeting and free floating exchange rate of national currency since August 20, 2015.

Photo: kapital.kz

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