Money base in Kazakhstan has decreased in January by 15.5% to 105.7 billion tenges - the National Bank
07.02.00 00:00
/IRBIS, Feb.07, 00/ - As the press release of the National Bank of
Kazakhstan concerning the republican financial market informs, the
decrease in the international reserves and in the net internal National Bank
assets resulted in decrease of the money base by 15.5% to 105.7 billion
tenges.
The press release underlines that the money base changes in the beginning
of year are explained by the seasonal factors influence. The pensions,
allowances and other social payments debt servicing at the end of year
inevitably results in the money base growth, which, as a rule, is
compensated by its compression in the beginning of the next year, and
usually it happens at the expense of cash.