Oil prices will continue falling: Kazakh economist 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 21:06
China poses risks to global economic recovery: France 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 17:02
Russian ruble falls to 2015 low as stocks plunge 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 16:31
Experts comment on Kazakhstan's decision to abandon control of tenge 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 15:52
Threat of default in Kazakhstan assessed by analysts 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 15:46
Analysts on fair market exchange rate of USD to tenge 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 11:41
Kazakhstan listed in Top 10 World's Riskiest Sovereign Debt? 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 18:07
Kazakhstan’s PM Karim Massimov on further economic prospects 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 17:13
Kazakh currency falls 23 percent after switch to free-float 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 16:10
PM Massimov on how Kazakhstan avoided default 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 15:10
Kazakhstan central bank on why fixed currency exchange rate had to be renounced 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 11:56
Kazakhstan opts for floating exchange rate for its currency 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 11:23
Causes of tenge-dollar exchange rate spike unclear 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 01:29
Tianjin blasts echo across economy Tianjin blasts echo across economy The economic impact of the Tianjin explosions could reverberate for months.
19 August 2015 16:57
New devaluation in Kazakhstan? 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 16:50
Spanish parliament approves new Greece bailout 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 11:50
Japan economy's contraction a blow for 'Abenomics' 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 15:20
IMF warns of 'disorderly correction' if China reform slows 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 13:32
Eurozone approves Greek bailout accord worth up to 86 bn euros: official Eurozone approves Greek bailout accord worth up to 86 bn euros: official Eurozone finance ministers approved Friday a third debt bailout worth up to 86 billion euros to keep Greece afloat and avoid its chaotic exit from the single currency bloc.
15 August 2015 12:47

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