Kazakhstan’s National Bank publishes July 2025 National Fund foreign currency sales

TheCyprus


Economy
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8 August 2025 14:38 (UTC +04: 00)

Kazakhstan's National Bank publishes July 2025 National Fund foreign currency sales


Kazakhstan’s National Fund sold $700 million in foreign currency in July 2025 to fund the Taldykorgan-Usharal gas pipeline and the budget. The Kazakhstan Stock Exchange sold 12 percent of its daily volume. The FX market was boosted by quasi-public companies selling $450 million. To ensure financial stability, the National Bank plans $400-$500 million in August sales.



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