Kazakhstan’s international reserves fell 1.3% to USD ca. 105 bln at the end of November from UDS 106.4 bln at the end of October. The reserves grew 9.5% from the beginning of the year when they stood at USD 95.9 bln. National Fund assets rose 0.4% to USD 60.8 bln, while National Bank reserves fell 3.6% to USD 44.2 bln. Foreign currency assets dropped 5%, and gold assets fell 2.5%. Net reserves declined 3.8% to USD 42.1 bln.