Kazakh net FX/gold reserves contract by 6.48% m/m in September.

By bne IntelliNews October 8, 2013

In September, Kazakhstan’s foreign reserves contracted by 6.48% m/m (down by 14.57% ytd) to USD 24.2bn, the National Bank of Kazakhstan (NBK) has announced. Fx reserves amounted to USD 18.3bn as of Oct 1, while gold reserves amounted to USD 5.9bn. Net international reserves in September declined by 6.64% m/m (down by 14.85% ytd) to USD 23.6bn. The assets of the National Fund of Kazakhstan in September compared with the previous month increased by 1% (up by 15.32 % ytd) and amounted to USD 66.6bn.

Related Articles

Kazakh central bank approves €1bn assistance package for four banks

Kazakhstan’s central bank announced on October 18 that it has approved an assistance package worth KZT410bn (€1.04bn) for ATF Bank, Eurasian Bank, Tsesna Bank and Bank ... more

Turkey-based Eurasian development bank ETDB signs memo to boost return to Iran

The Central Bank of Iran (CBI) and the Turkey-based ECO Trade and Development Bank (ETDB) have signed a memorandum on strengthening bilateral ties, the CBI said on October 10. ETDB is a Eurasian ... more

Air Astana claims Kazakh air traffic may halt due to aviation fuel suspension

Air Astana said on September 25 that regular air traffic might come to a halt in Kazakhstan due to falling aviation kerosene supplies from Russia as well as the upcoming ... more

Dismiss