News about currency

China wants to build plants in Kazakhstan: Li Keqiang Chinese Premier Li Keqiang expressed China’s readiness to build plants in Kazakhstan during the meeting of the Shanghai Cooperation in Astana.

17 December 2014 16:08

Central Bank of Kazakhstan issues new 1000 bill The Central Bank of Kazakhstan has issued a new 1000 tenge bill.

16 December 2014 03:07

Kazakhstan and China sign agreement on settlements in national currencies Earlier Kazakhstan’s Central Bank Governor Kairat Kelimbetov reported that the country’s Central Bank was drafting an agreement with China’s Central Bank on currency swap of 7 billion renminbi.

15 December 2014 07:57

Russian official says dollar, euro could be banned in Eurasian Union; Kazakh National Chamber of Entrepreneurs responds Kazakh officials have responded to the remakrs of the chairman of the board of directors of Russia’s National Payment Council, who said that the EEU could see a ban on interstate transactions in dollars and euros.

03 December 2014 18:34

German Foreign Minisiter calls Kazakhstan Central Asian 'anchor of stability' German Foreign Affairs Minister Steinmeier has called Kazakhstan an 'anchor of stability' in Central Asia but expressed worries that geopolitical situation in the region might affect economic cooperation between the two countries.

11 November 2014 21:55

Russian ruble fall has little effect on Kazakhstan economy: IMF Kazakhstan is not strongly influenced by the changes in the currency rate of the Russian ruble.

09 November 2014 15:32

Sliding Ruble hurts Kazakhstan's exports to Russia The continuing fall of the ruble exchange rate against dollar is taking its toll on the exports Kazakhstan is supplying to Russia.

31 October 2014 19:35

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 00:35

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 12:58

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 23:10

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 15:31

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 13:05

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 16:47

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 23:53

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 20:35

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 13:39

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 12:05

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 18:26

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 13:20

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 15:40

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