03 сентября 2015 00:22

How new monetary policy will affect country’s banking system

Tengrinews.kz ©

The new monetary policy based on inflation targeting rather than on the earlier practiced currency band is driving Kazakhstan-based banks to merge. Mr. Olzhas Khudaibergenov, Head of the Center for Macroeconomic Studies, told ORTCOM.kz how the country’s banking sector is expected to operate amidst the new conditions.

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