Obama vows better trade ties with new Argentine leader Obama vows better trade ties with new Argentine leader US President Barack Obama sought to capitalize on Mauricio Macri's election to open a new, less contentious chapter in relations with Argentina.
26 November 2015
Russia sanctions could be lifted if it meets Ukraine commitments: French PM Russia sanctions could be lifted if it meets Ukraine commitments: French PM Sanctions against Russia over its involvement in the Ukraine crisis could be lifted if Moscow fulfils commitments it made to help resolve the conflict, French Prime Minister Manuel Valls said.
26 November 2015
Pegging or no pegging: tenge in new monetary policy Pegging or no pegging: tenge in new monetary policy Experts believe, the financial sector of Kazakhstan has not reached a complete freedom from pegging to the US dollar.
24 November 2015
Kazakhstan revises 2015 inflation rate forecast Kazakhstan revises 2015 inflation rate forecast Minister of National Economy Yerbolat Dossayev announced the increase of inflation corridor from 6-8 percent to 8-10 percent for 2015.
23 November 2015
Depreciation of tenge contributes to de-dollarization of Kazakh-Russian trade: opinion Depreciation of tenge contributes to de-dollarization of Kazakh-Russian trade: opinion According to Mikhail Khazin, parity between the Russian ruble and the Kazakh tenge contributes to de-dollarization of trade between Kazakhstan and Russia.
23 November 2015
Barclays fined another $150 mn over forex 'misconduct' Barclays fined another $150 mn over forex 'misconduct' New York's financial regulator announced another $150 million fine against British bank Barclays over its "misconduct" in foreign exchange services offered to clients.
19 November 2015
National Bank's Governor post is risky business National Bank's Governor post is risky business The resignation of Kairat Kelimbetov from the post of the National Bank governor and a prompt appointment of Daniyar Akishev have raised conflicting feelings both in the media and among general public.
18 November 2015
Depreciation of tenge caused by appointment of National Bank's new Governor? Depreciation of tenge caused by appointment of National Bank's new Governor? According to experts, appointment of Daniyar Ashirov as New Governor plunged the national currency into the feared 300 KZT to $1 zone.
18 November 2015
Central Bank Governor on tenge prospects Central Bank Governor on tenge prospects The exchange rate reflects the current external factors such as the exchange rate of the Russia’s rouble and the current state of the Russia’s and China’s economies: Central bank Governor Daniyar Akishev.
18 November 2015
Kazakh Senate passes bill prohibiting foreign currency mortgage loans Kazakh Senate passes bill prohibiting foreign currency mortgage loans Kazakh Senate, the upper house of Kazakhstan’s Parliament, has passed a bill on non-performing loans and assets of second-tier banks.
17 November 2015
Chairman of Development Bank of Kazakhstan on public trust in tenge Chairman of Development Bank of Kazakhstan on public trust in tenge Kazakhstanis will trust tenge only when they understand reasons behind exchange rate fluctuations: Chairman of Kazakhstan Development Bank.
17 November 2015
President Nazarbayev: the tenge is not facing something extraordinary President Nazarbayev: the tenge is not facing something extraordinary According to him, the national currency is just feeling the pressure of falling prices for hydrocarbons, which is natural.
17 November 2015
Japan dips into recession in stumble for 'Abenomics' Japan dips into recession in stumble for 'Abenomics' Japan's economy slipped into recession for the second time since Prime Minister Shinzo Abe came to power nearly three years ago.
16 November 2015
Russian jet crash puts Sharm resort staff on 'unpaid leave' Russian jet crash puts Sharm resort staff on 'unpaid leave' The Russian plane crash in Egypt has forced Sharm el-Sheikh hotels to send dozens of staff on "unpaid leave" as tourist numbers dwindle, with tens of thousands of jobs at risk within months.
13 November 2015
Kazakh tenge real exchange rate down by 24.7% in 2015 Kazakh tenge real exchange rate down by 24.7% in 2015 National Bank of Kazakhstan released data on Kazakh tenge real exchange rate against the currencies of Kazakhstan's major trade partners.
13 November 2015
IMF chief urges Gulf to adapt to sustained oil price drop IMF chief urges Gulf to adapt to sustained oil price drop International Monetary Fund chief Christine Lagarde warned that global energy prices could remain low for years and urged Gulf countries to adjust their budgets.
09 November 2015
Second Baltic pipeline will cost Ukraine $2bn a year: PM Second Baltic pipeline will cost Ukraine $2bn a year: PM Ukrainian Prime Minister Arseniy Yatsenyuk blasted a planned second gas pipeline under the Baltic Sea, claiming it would cost his country $2 billion (1.8 billion euros) a year in lost revenue.
06 November 2015
Kazakhstan’s Central Bank on ongoing depreciation of the tenge Kazakhstan’s Central Bank on ongoing depreciation of the tenge To keep the gold and FX reserves intact, the Central Bank decided to minimize its participation in the country’s FX market starting from November 5, 2015.
05 November 2015
Moscovici confident of 'compromise' with Greece on remaining reforms Moscovici confident of 'compromise' with Greece on remaining reforms The EU's economic affairs commissioner, Pierre Moscovici, voiced confidence that Greece would reach a "compromise" with its creditors by the end of the week on remaining reforms demanded under its third bailout.
04 November 2015

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