Net int'l reserves of Kazakhstan's National Bank increased by 3.8% in 2011
14:34, 10 January 2012
ALMATY. January 10. KAZINFORM /Sara Mustafina/ "Net international reserves of the National Bank of Kazakhstan increased by 3.8% to reach USD 28.8 bln," chairman of the National Bank of Kazakhstan Grigory Marchenko told a press conference.
In 2011 the country's international reserves, including foreign currency assets of the National Fund grew by 23.2% up to USD 73.0 bln. The monetary base expanded by 10.3% to reach KZT 2836.1 bln in 2011.
Money quantity increased by 13.3% up to KZT 9607.0 bln for January-November 2011 due to the growth of the external assets of the banking system.