NB intends to prevent sharp fluctuations in the exchange rate - K.Kelimbetov

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ASTANA. KAZINFORM - The National Bank of Kazakhstan intends to prevent sharp fluctuations in the exchange rate in the current year, said Kairat Kelimbetov during a meeting on socio-economic development in Akorda under the chairmanship of the Head of State.

According to the press service of the President, the chairman of the NB Kelimbetov informed about the results of the past year and the main directions of the macroeconomic policy for the coming period. "In 2014 there was created a substantial margin of safety for Kazakhstan's economy. Foreign exchange reserves of the country reached $102 billion, the National Fund increased to $73 billion. National Bank intends to prevent sharp fluctuations in the exchange rate in the current year," said Kelimbetov. In turn, Finance Minister Sultanov reported on the preliminary results of the last year in the public sector.

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