Kazakhstan's central bank sets tenge exchange rate to 163.9 per $1, but no second-tier banks bother
Average weighted exchange rate of tenge against dollar equaled to 163.9 tenge per dollar.
20% hike: Big stores in Kazakhstan change prices amid tenge devaluation
Big stores in Kazakhstan are increasing their prices amid the devaluation of tenge.
The new tenge exchange rate is beneficial to the country’s economy: Kazakhstan’s Central Bank Governor
The spread in currency exchange transactions should be no more than 2 tenge per each sold or bought US Dollar, Kairat Kelimbetov said.
IMF says no panic in emerging markets
The International Monetary Fund said Tuesday that there was no panic in emerging markets even as countries like India, Turkey and Argentina were facing sharp capital outflows and currency pressures.
Bitcoin dealers charged in US with money laundering
US authorities Monday filed criminal charges against two operators of a Bitcoin exchange, including the head of a company with high-profile investment backers.
Venezuela limits access to dollars at official rate
Venezuela said Wednesday it would allow only importers of high priority goods like food to buy dollars at the official rate, forcing others to pay nearly twice that.
Las Vegas casinos begin accepting Bitcoin
Two Las Vegas casinos will become the city's first to accept the Bitcoin virtual currency from this week.
NBA's Kings to accept Bitcoin for tickets
US basketball outfit the Sacramento Kings said Thursday they would begin accepting Bitcoin, the first professional sports team to accept the virtual currency.
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.
