OREANDA-NEWS.  June 19, 2014. Gross international reserves of Kazakhstan grew by 8.2% and reached USD 103.4 billion. It has been announced by Minister of Economy and Budget Planning at a briefing in CCS under the President.

"Export of goods in the first quarter of this year totaled USD 23.6 billion and increased by 11%. Export of goods in the Customs Union countries amounted to USD 1.2 billion. Import fell by 11.7%. Import from the CU countries decreased by 19.8% and amounted to 2.9 billion tenge. Import from other countries decreased by 9.7% and amounted to USD 5 billion," Yerbolat Dossayev said.

He also added that the change in exchange rate policy allowed for an increase in gross international reserves of the country.

"As of June 1, 2014, they increased by 8.2% and amounted to 103.4 billion dollars as compared to the beginning of the year. Including the National Fund assets grew by 7.1% and amounted to US\\$ 75.8 billion, gold and foreign currency reserves increased by 11.7% and totaled USD 27.3 billion," Minister said.