By the results of the week net gold and foreign exchange reserves of the National Bank of Kazakhstan increased to $1,114 bln

/IRBIS, Oct.04, 99/ - According to the press-release of the National Bank of Kazakhstan #061 issued on October 04 gross reserves of the National Bank at current prices increased from $1,569.0 mln (as of September 24, 1999) to $1,641.0 mln as of September 30 this year. As of September 30 net gold and foreign exchange reserves of Kazakhstan grew to $1,114.3 mln compared with $1,039.4 mln on September 24. Following is a table that shows the gold and foreign exchange reserves of the National Bank and the monetary base as of September 30, 1999, and contains the data from previous press realese of the National Bank for September 24: In current prices In fixed prices* ---------------------- ---------------------- Sep.24, 99 Sep.17, 99 Sep.24, 99 Sep.17, 99 ------------------------ ---------- ---------- ---------- ---------- Gross international reserves, million USD 1641.1 1569.0 1613.9 1610.0 Including: Assets in hard currency 1135.3 1119.9 1135.3 1119.9 gold 505.8 449.1 478.7 490.1 Net international reserves. million USD ** 1114.3 1039.4 1087.1 1080.4 Monetary base. billion tenges 86.95 87.97 86.95 87.97 KZT/USD (at the end of period) 140.0 137.0 83.8 83.8 Price of gold (USD for 1 troy ounce) 303.75 263.40 287.45 287.45 ------------------------ ---------- ---------- ---------- ---------- * gold is shown at prices for the end of 1998 ($ 287.45 for 1 tr. ounce) ** net gold and foreign exchange reserves is the difference between gross reserves and obligations in hard currency.