Kazakhstan's gold, forex reserves up 9.9% in January-August
ALMATY. Sept 8 (Interfax) - Kazakhstan's gold and foreign currency reserves, including the Kazakh National Bank's gross reserves and funds accumulated in Kazakhstan's National Fund, rose to $104.979 billion as of the end-August 2014, up 1.2% in the month and 9.9% in January-August, the National Bank said in a statement.
Assets of the National Fund grew 0.62% in July to $77.236 billion (up 9.1% in the 8M).
In August 2014, gross international reserves of the National Bank rose 2.76% to $27.743 billion, up 12.25%, and the bank's net international reserves grew 2.85% to $27.106 billion, up 12.15% from the beginning of the year.
Currency reserves fell 1.12% in August to $20.224 billion, up 5.53%, while gold assets rose 14.91% to $7.519 billion, up 35.45%.
