Kazakhstan central bank to solve large denomination currencies exchange problem
The National Bank of Kazakhstan is going to solve the problem of exchange of large denominations.
Kazakhstan central bank suspends BTA Bank's currency exchange license
Kazakhstan National Bank has suspended the license of Kazakhstan-based BTA Bank for exchanging transactions of foreign currency cash.
Chinese investors look to mine Bitcoin volatility
Chinese speculators have seen Bitcoin values plunge, soar and plunge again within days, but say the virtual currency's extreme volatility is a profit opportunity despite the white-knuckle ride.
Bitcoin may threaten Kazakhstan's financial stability: Dalenov
Bitcoin currency may be a threat to the financial system of Kazakhstan: Kazakhstan Vice-Minister of Finance Ruslan Dalenov.
Japan, SE Asia in talks to expand currency swap
Japan and Southeast Asian countries are in talks over expanding currency swap arrangements to help cushion their economies in financial emergencies, an official said Thursday, ahead of a Japan-ASEAN summit next week.
Kazakhstan's economic model always proves consistent: Kelimbetov
Kairat Kelimbetov, Governor of Kazakhstan's central bank, says that the economic model of Kazakhstan has proved its consistency every time.
Euro "too strong", says European Commission's Tajani
European Commission Vice President Antonio Tajani said Wednesday the euro was overvalued and urged the zone's central bank to help exporters by weakening the single currency.
China seeks world role for 'people's money'
With deals from London to Singapore, China is seeking a greater role for its yuan currency in global markets to challenge the hegemony of the almighty dollar.
'World's first' bitcoin ATM opens in Canada
Three young entrepreneurs have opened what they call the world's first ATM able to exchange bitcoins for any official currency.
National Bank releases 5 000 coin dedicated to tenge's 20th anniversary
The National Bank of Kazakhstan put into circulation two new commemorative silver coins of 500 and 5 000 tenge nominal value.
China suggests settlements in local currencies to Kazakhstan
Chinese President Xi Jinping suggested Kazakhstan to make payments in local currencies.
Kazakhstan National Bank starts pegging tenge to fx basket
The currency basket is introduced for changing the operational direction in the currency exchange policy: Marchenko.
Brazil to spend $55 billion to defend sagging real
Markets and analysts cheered Friday after Brazil's central bank pledged $55 billion until year's end to prop up the sagging real while Latin America's biggest economy is showing weak growth.
National Bank suspends licenses of three banks for currency exchange services
The three banks “had violated the country’s legislation on counteraction to laundering illicitly obtained income and interaction to financing of terrorism”.
APEC warns against currency devaluations, property bubble
Asia Pacific economies must refrain from competitive currency devaluations and are vulnerable to speculative buying in the housing market.
The bubble bursts on e-currency Bitcoin
Many saw it coming, but that didn't stop the Bitcoin bubble from bursting: after rising to dizzying heights, the digital currency suffered its first true crash this week.
Venezuela move seen as currency devaluation
A Venezuelan government foreign currency auction for local importers has triggered a de facto currency devaluation, the second in less than 50 days.
Cyprus will not quit the euro, vows president
President Nicos Anastasiades vowed on Friday to keep Cyprus in the euro but had harsh words for international lenders behind the huge bailout that saved the island from bankruptcy.
Venezuela plans new exchange for better dollar supply
Venezuela is planning a complementary system to increase a supply of dollars hindered by strict currency control measures.
Devaluation of bolivar expensive for some US firms
The recent devaluation of the Venezuelan bolivar was a blow to some major US companies, highlighting the importance of financial ties between the two nations despite their political disagreements.