Kazakh gold and currency reserves increase by $ 13 billion for six months
Kazakh gross international reserves have increased by $ 12.7 billion since early 2011, the press service of the Kazakh National Bank said, CA-News reported.
In July, the reserves amounted to $ 36 billion 984 million. But the figure was $ 28 billion 275 million in late 2010. The growth was 30.80 percent for the last 7 months.
The assets in freely convertible currency increased by 32.78 percent in the structure of reserves and 14.44 percent in gold.
Such a serious increase in reserves is connected with the favorable prices for Kazakh export goods (raw materials and metals) in the global markets.