07 августа 2014 19:02

National Bank able to maintain tenge exchange rate for at least one year: expert

©Yaroslav Radlovsky

Devaluation of Kazakhstan’s national currency is discussed almost everywhere in Kazakhstan: in shops, in banks, in the kitchens and on the streets. There was a snap devaluation of the tenge in February, which led to a 19% depreciation of the currency, and rumors about repeated devaluation have been resurfacing ever since. But none of them have turned into reality so far.

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