Kazakhstan’s gold and currency reserves reached $29 billion, according to the National Bank Chairman Yerbolat Dossayev.
“Despite an instable situation at foreign markets and fall in annual average oil prices from $71.7 per barrel in 2018 to $64.2 per barrel in 2019, Kazakhstan’s gross international reserves in 2019 rose by 2.3% and reached $91 billion. The volume of gold and currency reserves made $29 billion and the National Fund’s assets – $61.9 billion,” Yerbolat Dossayev said at the Government’s extended session.
He added that the current account deficit in 9 months of 2019 was $4.3 billion. (Kazinform/Business World Magazine)