By the results of the week net gold and foreign exchange reserves of Kazakhstan decreased to $1,277 bln

/IRBIS, Oct.26, 99/ - According to the National Bank of Kazakhstan gross reserves of Kazakhstan at current prices increased from $1,624.4 mln (as of October 15, 1999) to $1,801.8 mln last week. As of October 22 net gold and foreign exchange reserves of Kazakhstan made $1,277.1 mln, an increase compared with $1,103.7 mln on October 15. Following is a table that shows the gold and foreign exchange reserves of the National Bank and the monetary base as of October 22, 1999, and contains the data for October 15: In current prices In constant prices* Oct.22,99 Oct.15,99 Oct.22,99 Oct.15,99 Gross gold and foreign exchange reserves, mln. USD 1,801.8 1,624.4 1,770.9 1,566.2 including: assets in hard currency 1,277.8 1,091.5 1,277.8 1,091.5 gold 524.0 532.8 493.0 474.7 Net gold and foreign exchange reserves, mln. USD ** 1,277.1 1,103.7 1,246.2 1,045.6 Monetary base, bln. tenge 94.2 94.3 94.2 94.3 KZT/USD (at the end of the period) 141.0 141.0 83.8 83.8 Price of gold (for 1 Trojan ounce in USD) 305.50 322.65 287.45 287.45 * gold is shown at prices for the end of 1998 ($ 287.45 for 1 tr. ounce) ** net gold and foreign exchange reserves is the difference between gross reserves and obligations in hard currency.