By the results of the week net gold and foreign exchange reserves of Kazakhstan decreased to $1,094 bln

11.10.99 00:00
/IRBIS, Oct.11, 99/ - According to the National Bank of Kazakhstan gross reserves of Kazakhstan at current prices decreased from $1,641.1 mln (as of September 30, 1999) to $1,614.1 mln last week. As of October 8 net gold and foreign exchange reserves of Kazakhstan made $1,094.4 mln, a decrease compared with $1,114 mln on September 30. Following is a table that shows the gold and foreign exchange reserves of the National Bank and the monetary base as of October 8, 1999, and contains the data for September 30: In current prices In constant prices* Oct.8,99 Sep.30,99 Oct.8,99 Sep.30,99 Gross gold and foreign exchange reserves, mln. USD 1614.1 1641.1 1563.3 1613.9 including: assets in hard currency 1089.1 1135.3 1089.1 1135.3 gold 525.0 505.8 474.6 478.7 Net gold and foreign exchange reserves, mln. USD ** 1094.4 1114.3 1043.9 1087.1 Monetary base, bln. tenge 91.2 86.95 91.2 86.95 KZT/USD (at the end of the period) 141.0 140.0 83.8 83.8 Price of gold (for 1 Trojan ounce in USD) 318.00 303.75 287.45 287.45 * gold is shown at prices for the end of 1998 ($ 287.45 for 1 tr. ounce) ** net gold and foreign exchange reserves is the difference between gross reserves and obligations in hard currency.