Kazakhstan Currency and Gold Reserves Fall to $28.3 Billion

Kazakhstan’s gross foreign-currency and gold reserves declined 4.6 percent from a month earlier in December to $28.3 billion.

Reserves fell 3.6 percent in 2012, the Almaty-based central bank said today in a statement on website. The assets of the country’s National Oil Fund grew 0.4 percent from November to $57.8 billion, it said.

To contact the reporter on this story: Nariman Gizitdinov in Almaty at ngizitdinov@bloomberg.net

To contact the editor responsible for this story: Paul Abelsky at pabelsky@bloomberg.net

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