Kazakhstan’s reserves fall
By Laman Sadigova
The current world economic crisis strongly hit the Kazakh economy. In 2015, the country’s total international reserves fell by 1.4 percent in December and by 10.6 percent to $91.581 billion overall the year.
About $63.508 billion of the total sum accounts for the National Fund, whose assets fell in December by 1.1 percent and for the whole year by 13.3 percent.
The remaining $28.073 billion are gross international reserves of the National Bank. In December, they fell by 1 percent, and for the whole year - by 3.9 percent. With regard to its net international reserves, they fell by 1.4 percent and 3.8 percent respectively - up to $27.176 billion.
Assets in foreign currency fell by 2.2 percent to $20.497 billion and gold assets grew by 2 percent to $7.576 billion (up 2.5 percent).
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