DUSHANBE, July 21, 2011, Asia-Plus  -- Tajikistan’s gold and currency reserves rose 60 percent in a year to July 1, 2011, reaching 75 million U.S. dollars, Jamshed Yusufiyon, the principal deputy head of the National Bank of Tajikistan (NBT), told reporters in Dushanbe today.

According to him, gold reserve now constitutes some 48 percent of the country’s gold and currency reserves.  Major part of Tajikistan gold and currency reserves is kept in foreign banks.

On the country’s money supply (the total amount of money available in the economy), Yusufiyon said that as of July 1, 2011, Tajikistan’s money supply stood at more than 3.1 billion somoni, or 28.5 percent more compared to July 1, 2010.

In January-June this year, 418.9 million somoni of new banknotes have been put into circulation and 230.4 million somoni of dilapidated banknotes have been immobilized.