News about currency

20% hike: Big stores in Kazakhstan change prices amid tenge devaluation Big stores in Kazakhstan are increasing their prices amid the devaluation of tenge.
11 February 2014 17:52
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.
11 February 2014 16:39
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.
29 January 2014 12:06
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.
28 January 2014 11:23
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.
23 January 2014 17:24
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.
22 January 2014 11:33
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.
17 January 2014 12:25
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.
04 January 2014 15:49
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.
23 December 2013 13:26
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.
11 December 2013 10:28
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.
10 December 2013 18:52
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.
06 December 2013 10:04
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.
18 November 2013 15:32
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.
14 November 2013 10:03
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.
06 November 2013 13:12
'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.
30 October 2013 14:04
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.
10 September 2013 11:41
China suggests settlements in local currencies to Kazakhstan Chinese President Xi Jinping suggested Kazakhstan to make payments in local currencies.
09 September 2013 21:05
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.
02 September 2013 19:01
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.
25 August 2013 15:03
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