BAKU, Azerbaijan, Sept. 10
By Nargiz Sadikhova – Trend:
The gross international reserves of Kazakhstan’s National Bank amounted to $35.3 billion in August 2020, bank’s preliminary data said, Trend reports with reference to the National Bank.
According to the data, the value of country’s international reserves increased by 0.06 percent compared to last month and by 22.2 percent more than as of the end of 2019.
“International reserves overall, i.e. including the foreign currency denominated assets of the National Fund ($58.6 billion) equaled $94.07 billion as at the end of August 2020,” the report said.
Net foreign exchange reserves of Kazakhstan also increased by 0.06 percent in a month (increase by 22.5 percent compared the December 2019), and equaled $34.8 billion.
In turn, the assets in freely convertible currency have decreased by 0.9 percent compared to July 2020 and increased by 13.01 percent compared to Dec. 2019, having amounted to $11.3 billion.
The country’s assets in gold amounted to $24 billion in August 2020, which is 0.5 percent more than in July 2020 and 27.1 percent more than as of the end of 2019.
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