News about currency

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.
04 October 2012 16:50
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.
03 September 2012 11:45
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.
08 August 2012 11:06
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.
03 August 2012 18:38
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.
24 July 2012 11:16
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.
11 June 2012 17:16
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.
07 June 2012 09:15
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.
29 May 2012 17:13
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 11:51
Kazakhstan President speaks of currency wars The world is under a threat of currency wars: Nazarbayev.
23 April 2012 13:01
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 16:32
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 12:55
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 09:49
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 11:04
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 17:36
January – October net gold and currency reserves figures announced The figure made up $32.065 billion.
04 November 2011 13:37
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 12:40
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 17:30
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 23:10
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 01:15
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