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Kazakhstan’s gold and currency reserves hit $76 bln

Business Materials 3 December 2011 12:58 (UTC +04:00)

Azerbaijan, Baku, Dec.3 / Trend, E. Kosolapova/

Gold and currency reserves in Kazakhstan hit $76 billion, Kazakh presidential press service quotes the Kazakh National Bank Chairman Grigory Marchenko as reporting.

"The National Fund's assets total $43.5 billion, the National Bank's gold and exchange currency assets hit $32.5 billion," Marchenko said in his report to President Nursultan Nazarbayev.

Marchenko also reported on the situation in the banking sector.

"We observe positive trend in banking sector since May. In January-October crediting volume increased by 11 percent," Marchenko said.

Kazakh President Nursultan Nazarbayev received Chairman of the National Bank of Kazakhstan Grigory Marchenko on Saturday.

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