Economy - страница 51

Tenge risk news National Bank Kazakhstan Kazakh finance devaluation reserves National Fund

National Bank able to maintain tenge exchange rate for at least one year: expert Tengrinews asked several experts about their opinions on the risks related to Kazakhstan's national currency - the tenge.

07 August 2014

Kazakhstan’s international reserves figure announced Kazakhstan’s international reserves, including the gold and FX reserves of the Central Bank and the assets of the National Oil Fund grew from $95.507 to $103.754 billion from January to July 2014.

07 August 2014

Kazakhstan’s GDP real growth expected at 4.8%: IMF According to the Fund’s estimates, the inflation ratio is expected to reach 9%, “although the Government has been trying to keep the inflation ratio within the range of 6-8%”.

07 August 2014

President Nazarbayev suggests introducing individual bankruptcy procedures According to him, there is no place for those willing to live at the state’s expense. If someone fails to pay off his or her debts, foreclosure procedures should be applied.

06 August 2014

Faced with Western sanctions, Moscow resorts to food fight As Western countries launch new sanctions against Russia over the Ukraine crisis, Moscow has returned fire with bans on food imports.

06 August 2014

04 August 2014

Astana residents stocking up on dollars 'just in case' Astana residents have been forming queues near currency exchange officer on Thursday.

01 August 2014

National Bank Governor's advisor refutes Kazakh currency devaluation rumors Adviser to the Governor of the National Bank of Kazakhstan denies the possibility of tenge devaluation.

01 August 2014

Russia provides Air Astana with route to fly around Ukrainian fighting zones Russian aviation authorities have issued a permit to Kazakhstan’s Air Astana airlines to fly to Kiev bypassing the Ukrainian battle zones.

01 August 2014

TENGRI LIFE

TENGRI TRAVEL

Rumors of second devaluation in Kazakhstan are speculations: experts Financial experts have shared their opinions about the possibility of devaluation of the Tenge, Kazakh national currency.

01 August 2014

Kazakhstani airline buys Sukhoi Superjet 100 airplanes Kazakhstani airlines company Bek Air signed an agreement with Sukhoi Civil Aircraft to purchase 7 Sukhoi Superjet 100.

01 August 2014

No People's IPO for Air Astana in near future: Samruk Kazyna Air Astana has no immediate plans to float its shares in the People’s IPO in Kazakhstan.

31 July 2014

Russia's Lukoil sells filling stations in Ukraine Russia's Lukoil said it had reached preliminary agreement to sell its network of filling stations in Ukraine, days after radical nationalists there tried to extort fuel from the company.

31 July 2014

Argentina faces default as 'vulture fund' talks fail Last-ditch talks between Argentina and the US hedge funds it has branded "vultures" failed to reach agreement Wednesday, effectively pushing the country into default.

31 July 2014

Beef exporter confidence returns in land of the holy cow When Hindu hardliner Narendra Modi attacked India's huge beef exports while campaigning to be premier, producers feared bad times ahead for the industry in the land where cows are sacred.

31 July 2014

Bank of Cyprus completes $1 bn private share placement Bank of Cyprus, the island's largest lender, has completed a one billion euro ($1.34 billion) capital increase in a private placement to help it restructure following a haircut on deposits last year.

30 July 2014

With new default looming, Argentina urges calm Argentina admitted it may default on some of its debts but downplayed the consequences, just two days before time expires in negotiations with hedge funds demanding full payment on their bonds.

29 July 2014

Airbus cancels order for six A380s from Skymark Airbus has cancelled an order for six A380 superjumbos from Skymark Airlines because the Japanese company is facing financial difficulties, French daily Les Echos reported.

29 July 2014

Russia ordered to pay Yukos shareholders $50 billion The arbitration court in The Hague has ordered Russia to pay shareholders of Yukos $50 billion in compensation over its seizure of the one-time oil giant, main shareholder GML Ltd said in London

28 July 2014