Last week net Gold-currency Reserve of the National Bank of Kazakhstan increased to $1,282

/IRBIS, Nov.15, 99/ - The National Bank of Kazakhstan informs, that during last week the gross international reserves of the National Bank have increased in the current prices from $1,789.5 million (November 05, 99) to $1,797.1 million. The net international reserves on November 12 has increased to $1,281.8 million - from $1,265.7 million. The growth of reserves for last week by $27.1 millions was stipulated by increasing of currency reserves by $34.7 millions. The table describing the international reserves of the National Bank of Kazakhstan at November 12, 1999 is shown below: In current prices In real terms* Nov.24, 99 Nov.16, 99 Nov.24, 99 Nov.16, 99 Gross international reserves, million USD 1,797.1 1,789.5 1,781.7 1,781.1 Including: - Assets in a hard currency 1,279.6 1,279.1 1,279.6 1,279.1 - Gold 517.5 510.4 502.2 502.0 Net international reserves, million USD ** 1,281.8 1,265.7 1,266.4 1,257.3 Money base, billion tenge 92.8 90.7 92.8 90.7 USD/KZT(at the end of period) 140.2 140.4 83.8 83.8 Price of gold (for 1 troy ounce, USD) 296.25 292.25 287.45 287.45 * Price of gold is specified at the end of 1998 ($287.45 per 1 troy ounce) ** Net international reserves is a difference between gross reserves and the hard currency obligations.