Tajikistan plans to increase gold and foreign exchange reserves amount up to a volume of 3-months’ imports

Almaty. February 10. Silkroadnews – Tajikistan plans to increase gold reserves amount to a volume of 3-months imports, TajikTA reported.

“At the beginning of this year foreign exchange reserves of the National Bank of Tajikistan (NBT) were equal to volume of 2.7-months of imports. Total international reserves will be raised to the level of three months of imports”, the forecast of Tajikistan’s monetary policy for 2017 says.

Last year average monthly imports amounted to $252 million.

According to the forecast, increase in national bank’s international reserves are planned to be achieved through continued acquisition of precious metals and foreign currency on the domestic and foreign markets, reserves structure diversification and implementation of non-monetary gold affinage.

New tools and methods for the global banking practice along with revision of the accounting policy will be used to improve the international foreign exchange reserves management quality.