Kazakhstan’s central bank stated that in October it plans to sell some USD 1.3-1.4 bln worth of FX from the Oil Fund to finance budget transfers as well as another USD 240-260 mln to finance the earlier purchase of KazAtomProm stake by the Fund. At the same time, FX purchases for the State Pension Fund are expected to rise to USD 850-950 mln for the month. In effect, the total net FX sales are unchanged MoM. Meanwhile, annual inflation was 8.3% in September, down from 8.4% in August.