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Sovereign Wealth Funds Briefing - Categorized | Financials, Performance

In Jan-Jul 2011 assets of the Kazakhstan National Fund have grown by 24.99pct to $38.72 bln

Posted on 09 August 2011

In January-July 2011 assets of the Kazakhstan National Fund have increased by 24.99% and reached 38.72 billion US dollars, the National Bank has reported. According to the National Bank of Kazakhstan, in the period from January to July 2011, assets of the National Bank have grown by almost 25% and reached 38.72 billion US dollars.
In July assets of the fund grew by 0.56%. From the beginning of this year foreign currency assets have grown by 33% to 33.49 billion tenge and golden assets have grown by almost 15% to 3.49 billion US dollars……………………………………….Full Article: Source


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