IMF fights negative interest ratesThe 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.
Dollar gains as eurozone concerns lingerThe dollar Friday climbed against other currencies following dovish comments from US and British central bankers and continued concern about the eurozone
Kazakhstan people keep $18 billion at home: Central Bank GovernorAccoding 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.
China signs yuan accords with France, LuxembourgChina'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.
Eurasian Union to stabilize Tenge: Kazakh minister IdrissovThe 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
Venezuela to repay $2 bn of debt to local importersVenezuela 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
Kazakhstan banks exposed to high forex risk: S&PAssociate Director for Financial Institutions at Standard & Poor's Natalia Yalovskaya said that Kazakhstani banks were exposed to increased forex risk.
Japan says Bitcoin not a currency, but taxableBitcoin 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.