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Kazakhstan’s gold, currency reserves decrease in July

Business Materials 8 August 2016 11:25 (UTC +04:00)
Kazakhstan’s gold and currency reserves, including gross reserves of the National Bank and the National Fund’s assets, decreased from $96.12 billion to $95.24 billion in July 2016

Baku, Azerbaijan, August 8

By Elena Kosolapova – Trend:

Kazakhstan’s gold and currency reserves, including gross reserves of the National Bank and the National Fund’s assets, decreased from $96.12 billion to $95.24 billion in July 2016, according to Kazakh National Bank’s data. In early 2016 Kazakhstan’s gold and currency reserves amounted to $91.38 billion.

The National Fund’s assets increased by 1.91 percent - to almost $64.72 billion since the beginning of 2016.

Gross international reserves of the National Bank increased by 9.49 percent – to $30.52 billion in the reporting period.

Net international reserves of the National Bank increased by 10.06 percent - to $29.69 billion since the beginning of 2016.

The assets in currency decreased by 0.6 percent – to almost $20.18 billion.

The National Bank’s assets in gold increased by 36.53 percent – to almost $10.34 billion since the beginning of 2016.

Follow the author on Twitter: @E_Kosolapova

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