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Kazakhstan's gold and currency reserves exceed $ 70 billion

Business Materials 20 April 2011 14:38 (UTC +04:00)
Kazakhstan's gold and currency reserves have exceeded $70 billion.
Kazakhstan's gold and currency reserves exceed $ 70 billion

Kazakhstan's gold and currency reserves have exceeded $70 billion, Kazakhstan Today reports.

Aggregate gold and currency reserves of Kazakhstan [gold and currency reserves of the National Bank plus assets of the National Oil Fund] have exceeded $ 70 billion as of April 18, Gregory Marchenko, Head of the National Bank, told a briefing April 18, TengriNews reported.

Earlier, the National Bank informed that the gold and currency reserves of the National Bank grew 25% for January - March, reaching $ 34.6 billion.

As of the end of March, assets of the National Oil Fund stood at $ 33.8 billion, whereas at the start of the year the figure made up $ 30.6 billion, Novosti Kazakhstan reports.

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