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No deficit of tenge bills in Kazakhstan: Kelimbetov Governor of the National Bank of Kazakhstan Kairat Kelimbetov denies rumors about shortages of tenge bills in Kazakhstan.

06 June 2014

Almaty is Eurasian Union's Frankfurt in the making: Kelimbetov Governor of the National Bank of Kazakhstan Kairat Kelimbetov declared that Almaty is Eurasian Union's Frankfurt in the making.

05 June 2014

Australians lose $100 million in coins each year Australians lose more than $100 million worth of coins down the back of sofas and car seats each year, the Royal Australian Mint said.

05 June 2014

Mining exports drive Australian growth Surging mining exports powered the Australian economy to better-than-expected 1.1 percent growth in the first quarter of the year, data showed Wednesday, but Treasurer Joe Hockey said he was also encouraged by a pick-up in other sectors.

05 June 2014

France says proposed US fine on BNP Paribas 'unreasonable' France's foreign minister on Tuesday labelled as "unreasonable" a $10-billion-dollar fine the US is reportedly seeking from BNP Paribas bank on charges of violating sanctions on Iran, Sudan and Cuba.

03 June 2014

Almaty to be a major financial center in Asia There is a Global Financial Centres Index (…)Out of the 83 financial centers covered, Almaty is ranked 58th: Central Bank Governor.

02 June 2014

Central Bank Governor on possible second wave of currency devaluation Last week following a slight change in the tenge exchange rate against the US Dollar Kazakhstan’s citizens started to massively purchase US Dollars.

02 June 2014

Venezuela to repay $2 bn of debt to local importers Venezuela announced Friday it would repay a small part its debt to local importers, after currency controls have sparked mass shortages of basic goods in the oil-rich country.

31 May 2014

Kazakhstan banks exposed to high forex risk: S&P Associate Director for Financial Institutions at Standard & Poor's Natalia Yalovskaya said that Kazakhstani banks were exposed to increased forex risk.

23 May 2014

TENGRI LIFE

TENGRI TRAVEL

Swiss turn down world's highest minimum wage Swiss voters on Sunday rejected a proposal to introduce the world's highest minimum wage, which would have guaranteed every worker in one of the world's priciest nations at least $25 an hour.

19 May 2014

Bank of America enters KASE Bank of America has entered the Kazakhstan Stock Exchange (KASE).

16 May 2014

Japan budget carrier cancels flights due to pilot shortage Japanese low cost carrier Vanilla Air said Friday it will cancel scores of flights in June because it does not have enough pilots to fly them.

16 May 2014

Kazakhstan's economy benefits from devaluation: Kelimbetov National Bank Chairman Kairat Kelimbetov declared that the economy of Kazakhstan responded positively to the recent 20% devaluation of the Tenge.

14 May 2014

Central Bank Governor on Kazakhstan-based banks According to him, only Halyk Bank could be considered as truly important for the entire banking system as of today, with the new entity of merged KazKommertsbank and BTA having some prospects.

13 May 2014

Kazakhstan is concerned over possible widened economic sanctions against Russia Russia might face a zero economic growth this year. It’s no good news for us as the two economies are interdependent to a great extent: Kazakhstan’s Central Bank Governor.

13 May 2014

State-run Single Pension Fund to deposit money with Kazakhstan-based banks “I commission the National Bank and the Government to work out a strategy to invest the assets of the Pension Fund, including depositing the money with Kazakhstan-based banks for a long term”, President Nazarbayev said earlier.

13 May 2014

Legitimization of assets to bring billions: Kelimbetov Central bank aims to legitimate money and assets to ensure an influx of several billion dollars into the banking sector of Kazakhstan.

12 May 2014

London tops super-rich city list, survey shows London has more billionaires than any other city in the world, and Britain has more billionaires per head of population than any other country, new data showed.

11 May 2014

Nauru applies for IMF membership The tiny Pacific island nation of Nauru has officially lodged an application for entry to the International Monetary Fund, the global financial body said.

10 May 2014