Net foreign assets (NFA) increased by 7.2% (or by 6 billion 291.3 million soms), according to the report on dynamics of the monetary policy of the National Bank of Kyrgyzstan for 9 months of 2013. Net international reserves (NIR) increased by 7%, mainly as a result of proceeds of loans and grants to support the state budget. Growth of gross international reserves in January- October 2013 amounted to $73.9 million (increase of 3.6%), reaching $2 billion 141.5 million by late October. Net domestic assets (NDA) decreased by 641.6 million soms in January- October 2013 . Net contribution to the reduction of the NDA had an increase in deposits by 3 billion 825.2 million soms, capital accounts by 1 billion 760.3 million soms (due to revaluation of foreign currency) and operations of the banking sector by 1 billion 662.8 million soms (due to growth bank refinancing with decreasing amounts of sterilization).
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