Finance - страница 8

Seven steps advised to Kazakhstan government after devaluation of national currency National Fund for Development of Financial Services presented a seven-step plan for Kazakh government to implement amid tenge depreciation.

08 September 2015

Devaluation necessary for restoration of Kazakh currency market: Bolat Zhamishev Chairman of the Development Bank of Kazakhstan Bolat Zhamishev about devaluation of the Kazakh tenge and outlook of Kazakhstan's economy.

08 September 2015

08 September 2015

IMF chief says 'extremely encouraged' by Ukraine reforms IMF chief Christine Lagarde heaped praise on Ukraine's reform efforts in a visit to Kiev following a deal to restructure the country's debt burden.

07 September 2015

Capital outflow to neighboring Russia totaled $11 billion in 2014 due to efforts to maintain tenge exchange rate The part of the country’s FX and gold reserves spent earlier to maintain the tenge exchange rate [before the decision was taken August 20 to let the tenge float freely] was actually spent to bolster Russia’s economy: Halyk Bank Head.

03 September 2015

Rousseff says Brazil will try to get out of first budget deficit After presenting Brazil's first ever budget deficit, President Dilma Rousseff promised that her government will work hard to get back in the black.

03 September 2015

How new monetary policy will affect country’s banking system Under such circumstances minor players of the market might opt for merging into bigger entities: Mr. Olzhas Khudaibergenov, Head of the Center for Macroeconomic Studies.

03 September 2015

Asia doing "pretty well" despite China slowdown: IMF chief International Monetary Fund chief Christine Lagarde declared Asian economies were doing "pretty well" despite the volatility caused by China's slowdown.

02 September 2015

France's economy minister stumbles on 35-hour-week, again France's divisive economy minister has once again made waves among Socialists by criticising the country's sacrosanct 35-hour week just as the ruling party gathers for its annual conference.

28 August 2015

TENGRI LIFE

TENGRI TRAVEL

Oil prices will continue falling: Kazakh economist Kazakhstani economist Vladimir Telnov predicts that global oil prices will continue falling in the next 5 to 15 years.

26 August 2015

China poses risks to global economic recovery: France China's faltering growth poses a threat to a recovery in the global economy, France's economy minister Emmanuel Macron said Tuesday.

25 August 2015

Russian ruble falls to 2015 low as stocks plunge Russia's battered ruble sank to its lowest point this year as Asian and European stock markets nosedived on concerns over the Chinese economy.

25 August 2015

Experts comment on Kazakhstan's decision to abandon control of tenge Kazakh and foreign experts have commented on the recent decision of Kazakhstan to stop defending its tenge and send it floating.

24 August 2015

Threat of default in Kazakhstan assessed by analysts Kazakhstani experts comment on Bank of American Merrill Lynch placing the Central Asian country among ten countries most vulnerable to a sovereign default.

21 August 2015

Analysts on fair market exchange rate of USD to tenge August 20 the country’s Central Bank renounced its policy of the set currency band, letting the national currency float freely.

21 August 2015

Kazakhstan listed in Top 10 World's Riskiest Sovereign Debt? Kazakhstan has been put on the map of the world's riskiest sovereign debt by Bank of America Merrill Lynch. Really?

20 August 2015

Kazakhstan’s PM Karim Massimov on further economic prospects The Government will be rendering support to socially vulnerable groups of population. In the long run (…) it’s impossible to support all troubled industries out of taxpayers’ money: Karim Massimov.

20 August 2015

Kazakh currency falls 23 percent after switch to free-float Energy-rich Kazakhstan announced it was abandoning its currency band for a free-floating exchange rate, in a move that triggered a 23-percent fall in the value of the tenge against the US dollar.

20 August 2015

Greece repays 3.4 bn euros to European Central Bank: source Greece has repaid 3.4 billion euros ($3.79 billion) due to the European Central Bank, a source close to the Greek government said after the launch of a massive new reforms-for-bailout deal.

20 August 2015