BAKU, Azerbaijan, Feb.11
By Nargiz Sadikhova – Trend:
The gross international reserves of Kazakhstan’s National Bank amounted to $29.3 billion in January 2020, according to the preliminary data, Trend reports with reference to the bank.
According to the data, the value of country’s international reserves increased by 1.2 percent compared to last month.
“International reserves overall, i.e. including the foreign currency denominated assets of the National Fund ($61.1 billion) equaled $90.4 billion as at the end of January 2020,” the report said.
Net foreign exchange reserves of Kazakhstan also increased by 1.2 percent since December 2019, and equaled $28.8 billion.
In turn, the assets in freely convertible currency (CFC) have decreased by 4.1 percent since December and amounted to $9.6 billion.
The assets in gold stood at $19.6 billion, which is 4 percent more than in December 2019.
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