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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.

17 February 2013

Venezuelans race to spend before devaluation Venezuelans swamped stores on Tuesday to snap up everything from washing machines to plane tickets in a last-minute wave of panic-buying ahead of a 32 percent currency devaluation.

13 February 2013

Venezuela devalues currency 32% against US dollar Venezuela said it was devaluing its currency by 32 percent against the dollar on the orders of cancer-stricken President Hugo Chavez, in part to trim a bloated budget deficit.

10 February 2013

Oops! Norwegian maple leaf adorns new Canada $20 bill The maple leaf shown on Canada's new $20 bills is from a Norway maple, which is not native to Canada, several botanists cited by Canadian media decried Friday.

20 January 2013

Russian Ruble lays claims on common currency role in Customs Union Introduction of a common currency inside the Eurasian Economic Community that includes Kazakhstan, Russia and Belarus is irrelevant: Russian President's advisor.

19 December 2012

Australia welcomes move to count Aussie as reserve currency Australia hailed as an endorsement of its economic strength Wednesday IMF moves to count its dollar as a foreign reserve currency, though its central bank chief downplayed it as a technicality.

22 November 2012

India's rupee at near 6-month-high on reform boost The Indian rupee on Friday soared to its highest level against the dollar in almost six months after the embattled government pushed ahead with more measures to attract foreign investment.

06 October 2012

Protest, scuffles with police in Iran over currency crisis Scuffles broke out in central Tehran in the first sign of unrest over Iran's plunging currency, which has lost more than half its value since last week in a crisis Washington said is of its own making.

04 October 2012

Judgement day looms for euro When the history books come to be written about the euro, September 12, 2012 could well prove one of the most significant dates in the life of the embattled single currency.

03 September 2012

Argentina imposes more restrictions on US dollars Argentina has imposed another restriction on the sale of US dollars, barring travelers from purchasing them unless the dollar is the currency of their destination.

08 August 2012

Euro stays weak in Asia after ECB disappointment The euro stayed bearish against other currencies in Asia trade Friday after taking a hit from the European Central Bank's announcement of no immediate measures to fight the debt crisis.

03 August 2012

Indonesia's weakening rupiah raises concerns Indonesia's weakening rupiah and widening current account deficit are raising concerns about Southeast Asia's largest economy, which is struggling against contagion from the global crisis.

24 July 2012

Kazakhstan Tenge will not be devalued: expert An expert of Kazakhstan Ministry of Economic Development Madiyar Kenzhebulat said that 166 tenge per 1 dollar would be “the worst scenario” for Kazakhstan currency.

11 June 2012

Volatility of the Russian rouble is not reflected on the Kazakh tenge Besides, Kazakhstan may do pretty well with the oil prices standing in the range of $95-100 per barrel: Central Bank Governor.

07 June 2012

Common CES currency will be possible in 5 years We will need a common currency in the course of development of our relations, but this has to be natural: expert.

29 May 2012

Customs Union may launch a common currency in 10-12 years: Central Bank Governor According to him, it will take time for the Customs Union member states to work out common rules of the game.

04 May 2012

Kazakhstan President speaks of currency wars The world is under a threat of currency wars: Nazarbayev.

23 April 2012

It is prematurely to talk of a single currency within the Customs Union: Central Bank Governor First of all, the member states would have to concert major macroeconomic parameters just like European nations did when formulating Maastricht criteria.

16 March 2012

National Bank statistics Assets of the current 38 second-tier Kazakhstan’s banks as of January 1, 2012 made up $86.5 billion, growing by 6.5% throughout 2011.

07 February 2012

2011 gold and currency reserves announced Assets of the National Oil Fund as of the end of December totaled $43.693 billion, 41.04% up against the end of 2010.

09 January 2012

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