business and economy

Foreign reserves rise 8.2 percent in November - central bank

(SRI) - Kazakhstan’s foreign reserves (including the National Fund) grew by 8.2 percent to $47.5 billion in November, the National Bank reported.

Total foreign reserves of the National Bank increased 15.3 percent to $23.27 billion (foreign currency reserves increased by 14.9 percent to $21.19 billion while gold reserves rose 8.46 percent to $2.7 billion). The National Fund assets rose by 2.2 percent to $24.2 billion.

At the beginning of the year, Kazakhstan’s total foreign reserves stood at $47.4 billion.

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