7 Nov 2013 15:55

Kazakhstan's gold, forex reserves grow 1.8% in Oct, 7.4% in 10M

MOSCOW. Nov 7 (Interfax) - Kazakhstan's gold and foreign exchange reserves, including the National Bank's gross reserves and funds accumulated in the National Fund, went up 1.8% in October and 7.4% in January-October to $92.4 billion, the National Bank said in a statement.

The assets of the National Fund grew 3.08% in October to $68.669 billion.

Gross international reserves of the National Bank declined last month by 1.91% to $23.697 billion and were down 16.21% from January.

In October, the National Bank's net international reserves dropped 1.99% to total $23.153 billion and fell 16.55% from January.

Net currency reserves declined 3.05% to $17.717 billion in October and 19.95% down in the 10M, while gold assets fell 1.6% to $5.98 billion in October and 2.74% in 10M.