From May 2017 the banks have sold gold bars with a total weight of 175 kg. It was said by Chairman of the National Bank of Kazakhstan Daniyar Akishev at a press conference.
In May 2017 the National Bank launched a programme to sell and purchase small bars of gold for the population. As of today, the banks have sold 175 kilograms of gold. Within more than a year we have sold all gold bars as before the programme has started we announced that we targeted at 180 kg of gold," said Daniyar Akishev.
In addition, now the possibility to increase the volumes of sales of gold is being considered. And, after one has registered in the Ministry of Justice they can sell gold in exchange offices.
Also the opportunity to purchase standard bars weighing 12-13 kilograms that are stored in the regulator will appear," he said, adding "Certainly it is a lot of money, but we do not expect this operation will be mass and popular."
Also, Daniyar Akishev told that in August this year the population had purchased net foreign currency cash in the amount of 343 billion tenges. That is by 4.5% less compared to August 2017. Mostly, Kazakhstani people prefer dollar (71%), ruble (21%) and euro (7.5%).
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