Kazakhstan’s gold and foreign exchange reserves rose by 0.8 percent in October to $35.8 billion as of November 1, the central bank said.
Reserves rose by 0.5 percent from the beginning of this year.
Gross international reserves, including the assets of the National Fund, amounted to $90.9 billion, having increased by $1.8 billion over the month.
The National Fund’s currency assets rose to $55.1 billion as of November 1.
The oil-exporting Central Asian country relies on its rainy-day fund to fill the budget gaps, although plans to reduce the transfer from the fund to the state budget to 2.4 trillion tenge in 2022 from this year’s 2.7 trillion tenge.