International reserves of the National Bank amounted to $27.5 billion

ALMATY. KAZINFORM - International reserves of the National Bank have increased by 1.3% and reached $27.5 billion, the press service of the bank informs.

photo: QAZINFORM

"In October of the current year there was an increase in international reserves of the country including the National Fund assets in foreign currency (according to preliminary data, $76.8 billion) increased by 0.9% to $105.1 billion. In October of this year the monetary base shrank by 0.8% and amounted to 3.7236 trillion tenge. Narrow monetary base, i.e. monetary base excluding fixed-term deposits of the second-tier banks of the National Bank, increased by 2.2% to 3.6544 trillion tenge," the statement reads. In September of the current year money supply increased by 0.9% to 13.4668 trillion tenge. The volume of cash in circulation fell by 1.0% to 1.3693 trillion tenge. Deposits in the banking system increased by 1.1% and amounted to 12.0975 trillion tenge. The share of deposits in the money supply has increased from 87.0% in December 2013 to 89.8% in September 2014.