Kazakhstan’s gross international reserves reached $67.78 billion, up 3.62% since the beginning of 2026, according to preliminary data from the National Bank as of May 1.
Monetary gold emerged as the main driver again. Its volume over the first months of 2026 increased by 11.55% to $52.69 billion.
At the same time, assets in convertible foreign currency fell nearly 17% to $15.08 billion.
Despite the decline in the foreign currency portion of reserves, Kazakhstan’s net international reserves still posted growth. From January to April, the figure rose 4.18% to $65.77 billion.
Kazakhstan’s National Fund also recorded growth. Its foreign currency assets rose 1.45% to $64.82 billion since the start of the year.
