Monetary mass (M3) in Kazakhstan as of July 1, 2001 - KZT468.1bn

/IRBIS, Aug 20, 01/ - REUTERS informs, with the reference to the Statistics agency of Kazakhstan, that as of August 1, 2001 monetary mass (M3) increased to KZT468.1bn from KZT412.2bn on similar date of last year. In late June the proportion of cash within total monetary mass is said to have decreased by 1.8%. It is also said that KZT5.9bn was issued into the circulation in late June of this year. Following is the dynamics of the monetary mass as of the end of the month (in bln KZT at the end of the period): -------------------------------------------------------------------------- June May April March February January Aggregate 2001 2001 2001 2001 2001 2001 2000* 1999 ------------- ----- ----- ----- ----- -------- ------- ----- ----- М3 468.1 412.2 408.3 418.7 401.4 380.7 399.5 273.9 М2 347.1 307.0 295.7 311.5 291.0 271.8 290.8 237.3 М1 206.9 188.7 182.8 194.5 186.2 174.6 195.4 162.1 М0* 110.5 104.5 106.2 102.0 100.2 96.1 106.4 103.5 Proportion of М0 in М3, % 23.6 25.4 26.0 24.4 25.0 25.2 26.6 37.8 -------------------------------------------------------------------------- * - without final turnovers Official refinancing rate of the National Bank of Kazakhstan is set at 12.0% APR from June 4, 2001.