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Gold and currency reserves of Kazakhstan jumps up

Kazakhstan Materials 19 October 2017 09:02 (UTC +04:00)

Baku, Azerbaijan, Oct.19

By Nigar Guliyeva – Trend:

The gold and foreign exchange reserves of the National Bank of Kazakhstan grew by 10.2% to $ 33 billion by the end of September 2017.

The foreign currency assets of the National Fund in foreign currency amounted to $57 billion, said Daniyar Akishev, the chairman of the National Bank of Kazakhstan announced abut this at a governmental meeting "On the results of socio-economic development and implementation of the budget of Kazakhstan for 9 months of 2017" in Astana.

In 2016, Kazakhstan's international reserves decreased by $ 487 million (-0.53%) and amounted to $90.776 billion. The figure was $ 91.263 billion in 2015.

Most of the international reserves of Kazakhstan are the assets of the National Fund of the country. during 2016, they decreased by 3.74% and amounted to $ 61.019 billion as of December 31, 2016.

The remaining part of international reserves is formed at the expense of the National Bank's gold and currency reserve - $ 29.757 billion. During the year they increased by 6.77%

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