By the results of the week net gold and foreign exchange reserves of Kazakhstan increased to $1,332 bln

/IRBIS, Nov.22, 99/ - According to the National Bank of Kazakhstan gross reserves of Kazakhstan at current prices increased from $1,797.1 mln (as of November 12, 1999) to $1,846.2 mln last week. As of November 19 net gold and foreign exchange reserves of Kazakhstan amounted to $1,332.3 mln, an increase compared with $1,281.8 mln on November 12. Following is a table that shows the gold and foreign exchange reserves of the National Bank and the monetary base as of November 19, 1999, and contains the data for November 12: In current prices In constant prices* Nov.19,99 Nov.12,99 Nov.19,99 Nov.12,99 ------------------------------- ---------- ---------- ---------- ---------- Gross gold and foreign exchange reserves, mln. USD 1,846.2 1,797.1 1,835.4 1,781.7 including: - assets in hard currency 1,334.7 1,279.6 1,334.7 1,279.6 - gold 511.6 517.5 500.8 502.2 Net gold and foreign exchange reserves, mln. USD ** 1,332.3 1,281.8 1,321.5 1,266.4 Monetary base, bln. tenge 95.6 92.8 95.6 92.8 KZT/USD (at the end of the period) 139.8 140.2 83.8 83.8 Price of gold (for 1 Trojan ounce in USD) 293.65 296.25 287.45 287.45 ------------------------------- ---------- ---------- ---------- ---------- * gold is shown at prices for the end of 1998 ($ 287.45 for 1 tr. ounce) ** net gold and foreign exchange reserves is the difference between gross reserves and obligations in hard currency.