Monetary mass (M3) in Kazakhstan as of september 1, 2001 - KZT508.3bn

/IRBIS, Oct 15, 01/ - REUTERS informs, with the reference to the Statistics agency of Kazakhstan, that as of September 1, 2001 monetary mass (M3) increased to KZT508.3bn from KZT347.5bn on similar date of last year. By the end of August the proportion of cash within total monetary mass is said to have increased by 0.6% in comparison with the July's figure. On September 1, 2001 monetary mass (M3) has increased by 9% in comparison with the end of December last year and has reached KZT146.5bn. It is also said that KZT2.2bn was issued into the circulation in July 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): ------------------------------------------------------------------------ Aug. Jul 2001 June May April March Febr. Jan. Aggregate 2001 2001 2001 2001 2001 2001 2001 ------------- ----- -------- ----- ----- ----- ----- ----- ----- М3 508,3 507,0 468,1 412,2 408,3 418,7 401,4 380,7 М2 338,5 353,3 347,1 307,0 295,7 311,5 291,0 271,8 М1 209,8 206,2 206,9 188,7 182,8 194,5 186,2 174,6 М0* 116,9 113,8 110,5 104,5 106,2 102,0 100,2 96,1 Proportion of М0 in М3, % 23,0 22,4 23,6 25,4 26,0 24,4 25,0 25,2 ------------------------------------------------------------------------ The volume of monetary mass (M3) last year (without final turnovers) has increased from KZT 273.9bn to KZT399.5bn. An official rate of refinancing of the National Bank of Kazakhstan as of September 6 is 11.0 %.