Kyrgyzstan's Gold, forex reserves rise up to $162.89 million in 2012
As a result of the National Bank's purchase of gold in the domestic market, actual volume of gold in 2012 increased from 83,887,77 million troy ounces at the beginning of 2012 to 98,273,21 troy ounces at the end of 2012.
Gold and foreign-exchange reserves of the National Bank of Kyrgyzstan in 2012 increased up to $ 162.89 million, audit report on the National Bank’s operation for 2012 says.
As a result of the National Bank’s purchase of gold in the domestic market, actual volume of gold in 2012 increased from 83,887,77 million troy ounces at the beginning of 2012 to 98,273,21 troy ounces at the end of 2012.
Besides, increase in carrying value of gold from $132.08 million at the end of 2011 to $162.89 million at 2012 year end was also caused by the rising cost of gold on the world market. The carrying value of one ounce of gold rose from $ 1,574 at the end of 2011 to $ 1,655 at the end of 2012.
Sumber : Google
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