By the results of the week net gold and foreign exchange reserves of Kazakhstan decreased to $1,259 bln

/IRBIS, Nov.01, 99/ - According to the National Bank of Kazakhstan gross reserves of Kazakhstan at current prices decreased from $1,801.8 mln (as of October 22, 1999) to $1,784.1 mln last week. As of October 30 net gold and foreign exchange reserves of Kazakhstan amounted to $1,258.8 mln, a decrease compared with $1,277.1 mln on October 22. Following is a table that shows the gold and foreign exchange reserves of the National Bank and the monetary base as of October 30, 1999, and contains the data for October 22: In current prices In constant prices* Oct.30,99 Oct.22,99 Oct.30,99 Oct.22,99 Gross gold and foreign exchange reserves, mln. USD 1,784.1 1,801.8 1,764.2 1,770.9 including: - assets in hard currency 1,263.8 1,277.8 1,263.8 1,277.8 - gold 520.3 524.0 500.4 493.0 Net gold and foreign exchange reserves, mln. USD ** 1,258.8 1,277.1 1,238.9 1,246.2 Monetary base, bln. tenge 92.7 94.2 92.7 94.2 KZT/USD (at the end of the period) 140.6 141.0 83.8 83.8 Price of gold (for 1 Trojan ounce in USD) 298.85 305.50 287.45 287.45 * gold is shown at prices for the end of 1998 ($ 287.45 for 1 tr. ounce) ** net gold and foreign exchange reserves is the difference between gross reserves and obligations in hard currency.