News about currency

Devaluation may drive airline tickets up in Kazakhstan Airlines are adjusting their ticket prices to the new exchange rate of the tenge.
13 February 2014 17:55
Dedollarization of Kazakh mentality: Governor of National Bank The National Bank and Government of Kazakhstan are going to press on to dedollarize the economy and discourage Kazakhstanis from relying on the US dollar.
13 February 2014 16:24
Kazakhstan’s Oil and Gas Minister on Kashagan and 20% currency devaluation Kashagan couldn’t have any influence on revenues that the Government had been planning to gain from crude sales in 2014: Uzakbai Karabalin.
13 February 2014 16:17
Kazakhstan’s Central Bank Governor calls commoners to count their blessings I believe Kazakhstanis appreciate the policy pursued by the country’s authorities: many Kazakhstanis got a job, many have started their own businesses; it’s just the start of the way: Kairat Kelimbetov.
12 February 2014 16:25
Kazakhstan’s Central Bank Governor on immediacy of the decision to devalue the national currency by 20% Starting from February 11, 2014 Kazakhstan’s Central Bank decided to stop supporting the tenge exchange rate, decrease currency interventions and stop interference with shaping the tenge exchange rate.
12 February 2014 16:03
Kazakhstan’s Central Bank Governor glad over his growing publicity in the wake of the 20% currency devaluation My popularity ratings in my own family had never been so high: Kairat Kelimbetov.
12 February 2014 15:42
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.
12 February 2014 14:58
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
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