ASTANA, Kazakhstan, February 12. The National Bank of Kazakhstan's initial data showed that the country's gross international reserves rose by 2.91 percent to $47 billion in January 2025, Trend reports.
The volume of monetary gold in the structure of international
reserves amounted to $25.8 billion, an increase of 8.36 percent
compared to December 2024. The country's net international reserves
stood at $45 billion, which is 3.29 percent higher compared to the
previous month. At the same time, the foreign currency assets of
the National Bank decreased by 0.56 percent, totaling $58.5
billion.
Meanwhile, the National Bank of Kazakhstan shared information on
the dynamics of gold and foreign currency reserves and measures
taken to maintain their liquidity.
To note, the National Bank of Kazakhstan in December 2024 conducted
currency interventions worth $307.6 million to support the exchange
rate of the tenge. The regulator sold $1 billion from the country's
gold and foreign exchange reserves for this purpose in
November.
