Finance - страница 9

PM Massimov on how Kazakhstan avoided default From August 20 the National Bank and the Government have decided to implement a new monetary policy based on inflation targeting and to renounce the earlier practiced currency corridor.

20 August 2015

Kazakhstan central bank on why fixed currency exchange rate had to be renounced Inflation targeting is another type of monetary policy that rests on the inflation rate in the mid run, rather than on the currency exchange rate: Kairat Kelimbetov.

20 August 2015

Kazakhstan opts for floating exchange rate for its currency The National Bank will not be directly defining the exchange rate, but will retain the right to rely on currency interventions if the financial system faces threats of destabilization.

20 August 2015

Causes of tenge-dollar exchange rate spike unclear People in Kazakhstan wonder about the meaning of August 19 spike in tenge-dollar exchange rate, while the National Bank keeps silent.

20 August 2015

Tianjin blasts echo across economy The economic impact of the Tianjin explosions could reverberate for months.

19 August 2015

New devaluation in Kazakhstan? Kazakhstani banks raise dollar-tenge exchange rate. People fear another devaluation of the currency. The Kazakh National Bank is silent.

19 August 2015

Spanish parliament approves new Greece bailout Spanish lawmakers overwhelming approved Greece's third bailout package following a debate in parliament which the ruling party used to defend its economic record.

19 August 2015

Japan economy's contraction a blow for 'Abenomics' Japan's economy contracted last quarter, boosting speculation the central bank will be forced to unleash more stimulus as Tokyo's "Abenomics" growth blitz stumbles.

17 August 2015

IMF warns of 'disorderly correction' if China reform slows The IMF warned that China, the world's second-largest economy, could face a "disorderly correction" followed by slower growth if its reform program slows.

15 August 2015

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Greece reaches deal with creditors: government source Greece has reached a deal on a multi-billion bailout with its international creditors after marathon talks.

11 August 2015

Sisi to unveil 'new Suez Canal' as Egypt makes history President Abdel Fattah al-Sisi inaugurates a "new" Suez Canal in a lavish and heavily secured ceremony, as Egypt seeks to boost its economy and international standing.

06 August 2015

Kazakhstan to spend $10-15 thousand a year on nuclear fuel bank Kazakhstan will spend around $10-15 thousand annually to maintain the International Nuclear Fuel Bank being established on the country's territory.

05 August 2015

IMF approves $1.7 bn loan installment to Ukraine The International Monetary Fund announced the approval of a $1.7 billion loan installment to Ukraine despite uncertainty about the country's debt sustainability and a conflict with separatist forces.

01 August 2015

Spain raises pay before elections, warns on Catalonia Spanish public workers will get a one-percent pay rise next year, trumpeting the country's economic recovery a few months ahead of a general election.

01 August 2015

IMF says it will not join new Greece bailout right now The International Monetary Fund said it would not join a new bailout program for Greece until conditions for debt sustainability.

31 July 2015

IMF: Ukraine economic picture 'incredibly encouraging' Ukraine's government is determined to undertake long-needed reforms, making the economic picture in the country very encouraging.

30 July 2015

Loans in dollars are dangerous: head of Kazkom Chairman of the Board of of Kazkommertsbank said that issuing and obtaining loans in dollars in Kazakhstan was dangerous.

27 July 2015

Experts comment on Kazakh National Bank expanding tenge-dollar pegged corridor Experts comment on the latest expansion of the tenge to dollar exchange rate pegged corridor in Kazakhstan.

16 July 2015

Kazakhstan expands tenge to US dollar exchange rate corridor Kazakhstan’s central bank has expanded the tenge to US dollar exchange rate corridor.

15 July 2015