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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

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.

22 November 2011

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.

09 November 2011

January – October net gold and currency reserves figures announced The figure made up $32.065 billion.

04 November 2011

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.

22 October 2011

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.

12 October 2011

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.

09 October 2011

Speculative investors withdrew $3 billion from Kazakhstan in summer: Gregory Marchenko According to him, the money had been invested to Kazakhstan’s instruments in February – May in hope for the tenge appreciation.

12 September 2011

January – August net gold and currency reserves figures announced Assets of the National Fund alone as of the end of August stood at $40.35 billion, 30.25% up from the start of the year.

07 September 2011

Is the tenge stable? Half of Kazakhstanis believe the national currency is stable.

17 August 2011

Economy Minister Kairat Kelimbetov doesn’t see the Russian rouble in the capacity of the global reserve currency If we talk of some reserve currency in our region, it should be a basket of the China’s renminbi, the Russia’s rouble and the Kazakh tenge: Kelimbetov.

05 August 2011

Aggregate gold and currency reserves of Kazakhstan 24.5% up since January The figure made up $73.3 billion as of the end of June.

07 July 2011

Sales of foreign currency at currency exchange outlets on the rise: Central Bank Governor Gregory Marchenko According to him, the growing demand for foreign currencies was mostly driven by mass purchases of previously owned cars imported to Kazakhstan for the period of mild customs duty from July 1,2010 to July 1, 2011.

05 July 2011

Exchange rate will reach 142-144 tenge for US dollar in 2011 Experts of BTA Analitika are expecting tenge to keep strengthening in 2011.

18 June 2011

Kazakhstan and China agree on currency swaps According to National Bank’s Vice Chairman Bissengali Tadjiyakov, the measure is necessary given the robust growth of the bilateral trade turnover: the current figure stands at $20 billion and is set to triple by 2015.

14 June 2011

President Nazarbayev signs agreement on concerted principles of currency policies The agreement was signed in Moscow in December 2010 by the Customs Union states.

25 May 2011

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