Mayor of Almaty orders to keep prices down The Akim (Mayor) of Almaty Akhmetzhan Yesimov has instructed the city authorities to keep prices down amid the devaluation of tenge.
11 February 2014
Icon Photo Dollar explodes in Kazakhstan: 200 tenge per dollar Kazakhstan banks are setting their exchange rates ski-high, selling one dollar for more than 200 tenge.
11 February 2014
The new tenge exchange rate is beneficial to the country’s economy: Kazakhstan’s Central Bank Governor The spread in currency exchange transactions should be no more than 2 tenge per each sold or bought US Dollar, Kairat Kelimbetov said.
11 February 2014
Icon Video I only learned about tenge devaluation last night: Central Bank Governor There can’t have been any leaks as we only made the decision yesterday after the Stock Exchange trades were over: Kairat Kelimbetov.
11 February 2014
Icon Video Currency devaluation in Kazakhstan The new exchange rate is expected at 185 tenge for 1USD (up from 155 tenge for 1 USD).
11 February 2014
Kazakhstan’s Central Bank on offshore zones accounts The country’s media reported late 2013 that the overall amount kept by Kazakhstanis in offshore zones is estimated at $138 billion.
10 February 2014
Kazakhstan’s Central Bank Governor on Bitcoin Kazakhstan’s Finance Ministry views Bitcoin as a threat to the country’s banks.
04 February 2014
Kazakhstan Central Bank Governor on consumer loan rates and NPLs Kazakhstan Central Bank is negotiating with second-tier banks to reduce the NPLs figure down to 15% by January 1, 2015 from the current 35.8%.
03 February 2014
Kazakhstan’s Central Bank moves to reduce dollarization of economy The share of tenge-denominated deposits decreased from 70.2% back in December 2012 to 62.6% in December 2013.
03 February 2014
British MPs criticise Queen's household finances British lawmakers on Tuesday urged Queen Elizabeth II's royal household to do more to reduce running costs and produce clearer plans for the monarch's financial future.
28 January 2014
Microsoft tops expectations with record revenue Microsoft soared to record revenues in the last quarter, confounding Wall Street forecasts on the back of strong demand for Xbox consoles, Surface tablets and Internet "cloud" services.
24 January 2014
Kazakhstan President meets Sir Suma Chakrabarti of EBRD As of the end of 2013 the package of projects in Kazakhstan totaled about $450-500 million.
24 January 2014
Venezuela limits access to dollars at official rate Venezuela said Wednesday it would allow only importers of high priority goods like food to buy dollars at the official rate, forcing others to pay nearly twice that.
23 January 2014
Chinese leaders' kin stash riches in offshore holdings: probe Relatives of top Chinese leaders including President Xi Jinping and former premier Wen Jiabao have used offshore tax havens to hide their wealth.
23 January 2014
France saves 1bn euros on health insurance spending At a time of deep austerityacross Europe, France has managed to spend one billion euros ($1.4 billion) less than expected on health insurance last year.
22 January 2014
Las Vegas casinos begin accepting Bitcoin Two Las Vegas casinos will become the city's first to accept the Bitcoin virtual currency from this week.
22 January 2014
President Nazarbayev tasks his Government with ensuring 6-7% economy growth rate in 2014 A blanket program to develop the financial sector to 2030 must be drafted by June 1, 2014: President.
17 January 2014
NBA's Kings to accept Bitcoin for tickets US basketball outfit the Sacramento Kings said Thursday they would begin accepting Bitcoin, the first professional sports team to accept the virtual currency.
17 January 2014
China and Russia to spend $400 million on Kazakhstan power plant China and Russia will provide 400 million dollars for construction of Ekibastuz GRES-2 Power Plant in Kazakhstan.
16 January 2014
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