Kazakhstan plans to sell USD 750-850 mln worth of foreign currency from its national wealth fund in May, as stated by the central bank, following the Finance Ministry’s projections. The purpose of these sales is to support government expenditures. Additionally, the central bank plans to purchase USD 450-500 mln in foreign currency for the country’s unified pension fund. In April, the fund sold USD 1.06 bln in FX, accounting for 21% of total market transactions, without direct central bank interventions.