19 Apr 2011 13:27

Kazakhstan's gold, forex reserves top $70 bln - National Bank

ALMATY. April 19 (Interfax) - Kazakhstan's foreign exchange reserves, including the National Bank of Kazakhstan's gross reserves and funds accumulated in the National Fund, went up to $70 billion, the head of the National Bank Grigory Marchenko said at a Tuesday briefing in Almaty.

As of the end of March Kazakhstan's foreign exchange reserves reached $69 billion.

The gold and forex reserves increased by 3.9% in March and by 17.1% since January 2011. The reserves of the National Fund came to $33.8 billion as of the end of March. The National Bank's net international reserves rose 5.3% (25% up from January) to $34.6 billion in March.