The Governor of the National Bank of Kazakhstan Daniyar Akishev commented on the plan to de-dollarize the Kazakh economy.
Kazakh National Bank Governor Akishev talks about mechanisms behind depreciation of the tenge and central bank’s role in shaping Kazakhstan
Inflation in Kazakhstan reached 12.8% in the end of November. National Bank's Akishev names tenge depreciation the main driver.
Experts believe, the financial sector of Kazakhstan has not reached a complete freedom from pegging to the US dollar.
President of Kazakhstan Nursultan Nazarbayev visited Doha, Qatar.
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.
According to experts, appointment of Daniyar Ashirov as New Governor plunged the national currency into the feared 300 KZT to $1 zone.
Kazakhstan central bank Governor Kairat Kelimbetov was dismissed, Daniyar Akishev has been appointed as new National Bank Governor.
Kazakhstanis will trust tenge only when they understand reasons behind exchange rate fluctuations: Chairman of Kazakhstan Development Bank.
We believe the current exchange rate of 277 tenge for USD1 reflects the true market value and is the one the country’s economy benefits from: Kairat Kelimbetov.
Governor of the National Bank of Kazakhstan Kairat Kelimbetov sees the current tenge exchange rate as adequate under the circumstances.
President of Kazakhstan instructed the National Bank to initiate a mechanism of compensation for private fixed-term deposits in tenge.
Kazakhstan’s central bank has expanded the tenge to US dollar exchange rate corridor.
Governor of the National Bank of Kazakhstan Kairat Kelimbetov has commented on relocation of the major financial institution from Almaty to Astana.
According to the Central Bank Governor Kairat Kelimbetov, Kazakhstan and Azerbaijan are best prepared for global economic shocks among all post-Soviet countries apart from Russia.
President Nursultan Nazarbayev has dispelled the rumours about a forthcoming devaluation of the tenge in Kazakhstan.
Central Bank of Russia has restricted transactions involving Kazakhstani suppliers to prevent money laundering and tax evasion.
The 12th Sammit of the Islamic Financial Services Board (IFSB) will take place in Almaty from May 19 to 21.
The Central Bank of Kazakhstan has issued a new 1000 tenge bill.
Prior to the 20% currency devaluation back in February Mr. Kelimbetov assured the country’s population there were no such expectations.