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Photo courtesy of ortcom.kz Governor of National Bank of Kazakhstan sees no reasons to worry about dynamics on international markets Governor of the National Bank of Kazakhstan has declared there was no reason to be worried about falling oil prices and West-Russia sanctions reciprocation.
31 October 2014
IMF fights negative interest rates The IMF announced a minimum interest rate on its unique SDR currency as it fights off the impact of sagging interest rates and deflation from major economies.
25 October 2014
Photo courtesy of strategy2050.kz Central Bank Governor on why he assured there would be no currency devaluations prior to actual devaluation Prior to the 20% currency devaluation back in February Mr. Kelimbetov assured the country’s population there were no such expectations.
22 October 2014
©REUTERS Dollar gains as eurozone concerns linger The dollar Friday climbed against other currencies following dovish comments from US and British central bankers and continued concern about the eurozone
18 October 2014
Russia's ruble hits new record low as oil price adds pressure Russia's ruble slumped to new all-time lows against the euro and dollar despite the central bank spending billions to defend the currency.
14 October 2014
Yerbolat Dossayev. Photo courtesy of ortcom.kz National Economy Minister on possibilities of currency devaluation According to him, Kazakhstan’s Central Bank and the Government are thinking of preventive measures, trying to understand the prospects of the Russia's national currency.
09 October 2014
©REUTERS Kazakhstan people keep $18 billion at home: Central Bank Governor Accoding to him, massive misleading sms campaigns informing people of alleged bankruptcy of some of Kazakhstan-based banks in the wake of the 20% currency devaluation back in February and waves of rumors about possible devaluation recently have been encouraging people to keep their money at home.
10 September 2014
©Yaroslav Radlovsky National Bank Governor's advisor refutes Kazakh currency devaluation rumors Adviser to the Governor of the National Bank of Kazakhstan denies the possibility of tenge devaluation.
01 August 2014
A Chinese national flag flutters outside the headquarters of the People's Bank of China, the Chinese central bank, in Beijing. ©Reuters/Petar Kujundzic China signs yuan accords with France, Luxembourg China's central bank said it has signed agreements for yuan clearing arrangements with France and Luxembourg, with the aim of promoting greater use of its currency overseas.
30 June 2014
Australians lose $100 million in coins each year Australians lose more than $100 million worth of coins down the back of sofas and car seats each year, the Royal Australian Mint said.
05 June 2014
Photo © Marat Abilov Eurasian Union to stabilize Tenge: Kazakh minister Idrissov The new Treaty establishing the Eurasian Economic Union raises concerns about stability of Kazakhstan's national currency, the tenge, among the representatives of foreign diplomatic missions in Astana.
02 June 2014
Oil and Energy ministry Rafael Ramirez. ©Reuters/Jorge Silva Venezuela to repay $2 bn of debt to local importers Venezuela announced Friday it would repay a small part its debt to local importers, after currency controls have sparked mass shortages of basic goods in the oil-rich country.
31 May 2014
©REUTERS Kazakhstan banks exposed to high forex risk: S&P Associate Director for Financial Institutions at Standard & Poor's Natalia Yalovskaya said that Kazakhstani banks were exposed to increased forex risk.
23 May 2014
First Vice PM refutes possibilities of a single currency within the Customs Union According to him, the draft agreement [on launching the Single Economic Space to replace the Customs Union] has no clauses covering a single currency. Kazakhstan retains its national currency, the tenge.
09 April 2014
Japan says Bitcoin not a currency, but taxable Bitcoin is not a currency but transactions involving it should be "subject to taxation", Japan's government said Friday, in a move that could pave the way for formal regulations on the troubled virtual unit.
08 March 2014
A man widely believed to be Bitcoin currency founder Satoshi Nakamoto. ©Reuters/David McNew Man identified as Bitcoin creator denies involvement A man named as being the enigmatic creator of Bitcoin on Thursday denied having a role in the virtual unit, telling reporters he was "not involved."
07 March 2014
Singapore world's costliest city: survey The soaring cost of cars and utilities as well as a strong currency have made Singapore the world's most expensive city, toppling Tokyo from the top spot.
04 March 2014
Warren Buffett. ©Reuters/Rebecca Cook Buffett says bitcoin 'not a currency' The Oracle of Omaha is not a believer in bitcoin.
04 March 2014
MtGox opens call centre after $500m Bitcoin loss The MtGox Bitcoin exchange, which last week sought bankruptcy protection in Japan, opened a helpline for anxious customers on Monday after unveiling a massive loss in a possible theft.
03 March 2014
©Reuters/Pawel Kopczynski Vietnam restricts use of Bitcoin Vietnam has banned its banks from handling Bitcoins, saying the virtual currency is not legal tender in the communist nation.
28 February 2014
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