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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Kazakhstan President speaks of currency wars
The world is under a threat of currency wars: Nazarbayev.
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.
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.
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.
Eurasian Economic Union to opt for single currency: Nazarbayev
Kazakhstan President thinks that the Eurasian Economic Union will need a completely new single currency, different from the Rusian Ruble.
Central Bank Governor calls for a more concerted currency policy within the Customs Union
When speaking of the importance of a single policy, Mr. Marchenko pointed to the substantial difference in volatilities of national currencies of the Customs Union member states against the US Dollar.
January – October net gold and currency reserves figures announced
The figure made up $32.065 billion.
National Bank to double the share of gold in gold and currency reserves
When it comes to domestic demand, the Kazakhs have been more interested in silver, according to Mr. Marchenko.
Rumors of currency devaluation born in beauty parlors and taxis: Gregory Marchenko, Governor of the National Bank
According to him, with the current prices for commodities the tenge is posed to strengthen.
January – September net gold and currency reserves figures announced
Assets of the National Oil Fund as of the end of September stood at $40.018 billion.