By the results of the week net gold and foreign exchange reserves of Kazakhstan decreased to $1,104 bln

/IRBIS, Oct.18, 99/ - According to the National Bank of Kazakhstan gross reserves of Kazakhstan at current prices increased from $1,641.1 mln (as of October 8, 1999) to $1,624.4 mln last week. As of October 15 net gold and foreign exchange reserves of Kazakhstan made $1,103.7 mln, an increase compared with $1,094.4 mln on October 8. Following is a table that shows the gold and foreign exchange reserves of the National Bank and the monetary base as of October 15, 1999, and contains the data for October 8: In current prices In constant prices* Oct.15,99 Oct.8,99 Oct.15,99 Oct.8,99 ----------------------------- --------- -------- --------- -------- Gross gold and foreign exchange reserves, mln. USD 1,624.4 1614.1 1,566.2 1,563.3 including: assets in hard currency 1,091.5 1,089.1 1,091.5 1,089.1 gold 532.8 525.0 474.7 474.6 Net gold and foreign exchange reserves, mln. USD ** 1,103.7 1,094.4 1,045.6 1,043.9 Monetary base, bln. tenge 94.3 91.2 94.3 91.2 KZT/USD (at the end of the period) 141.0 141.0 83.8 83.8 Price of gold (for 1 Trojan ounce in USD) 322.65 318.00 287.45 287.45 ----------------------------- --------- -------- --------- -------- * gold is shown at prices for the end of 1998 ($ 287.45 for 1 tr. ounce); ** net gold and foreign exchange reserves is the difference between gross reserves and obligations in hard currency.