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Sovereign Wealth Funds Briefing - Categorized | Financials, Performance, Reserve Currencies

Reserves of the National Fund of Kazakhstan amount to $85 bln

Posted on 18 September 2012

Grigory MarchenkoReserves of the National Fund of Kazakhstan and gold assets amounted to $85 billion, Ak Orda said on Monday referring to the head of the Of the National Bank Grigory Marchenko. Marchenko informed the president about the situation in the financial sector of the country, particularly in the banking sector and the exchange market during the meeting.
Marchenko noted that the situation on the currency market and the banking sector remains stable. The inflation rate in the country is rather low standing at 4.7 per cent………………………………………..Full Article: Source


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