Kazakh cenbank plans to reduce foreign exchange sales in April

Kitco Media
By Reuters
Published:
Updated:
Reuters
ALMATY, April 3 (Reuters) - Kazakhstan's central bank plans to reduce foreign currency sales from the National Fund to $550 million to $650 million in April from $721 million last month, while keeping up the pace of currency buying for the state pension fund, it said on Monday. State firms sold about $253 million on the domestic market in March, the bank added. (Reporting by Olzhas Auyezov; Editing by Clarence Fernandez)

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