Merely a relatively stable exchange rate is highly rewarding for holders of KZT because of the very high interest rate in Kazakhstan relative to the US dollar: John Hardy.
Statistics Committee of the Ministry of National Economy of Kazakhstan released official inflation rate data: 13.6% in 2015 in Kazakhstan.
Kazakh National Bank Governor Akishev talks about mechanisms behind depreciation of the tenge and central bank’s role in shaping Kazakhstan
Inflation in Kazakhstan reached 12.8% in the end of November. National Bank's Akishev names tenge depreciation the main driver.
Energy-rich Azerbaijan, whose economy has been hit hard by falling oil prices, withdrew support Monday for its embattled currency and the manat plunged by nearly a third against the dollar.
Kazakh tenge's depreciation has not helped the Kazakhtani producers to increase their export revenues, experts say.
National Fund for Development of Financial Services presented a seven-step plan for Kazakh government to implement amid tenge depreciation.
Chairman of the Development Bank of Kazakhstan Bolat Zhamishev about devaluation of the Kazakh tenge and outlook of Kazakhstan's economy.
Teachers’ salaries will be increased by 20-50% depending on the qualifications.
After the devaluation of the Kazakh national currency tenge, Kazakhstan president asked exporters to sell dollars at the domestic market.
Kazakhstan tenge plunged to its record low after the country floated it, renouncing the set corridor and adopting inflation targeting.
President of Kazakhstan instructed the National Bank to initiate a mechanism of compensation for private fixed-term deposits in tenge.
Kazakhstani banks raise dollar-tenge exchange rate. People fear another devaluation of the currency. The Kazakh National Bank is silent.
Experts comment on the latest expansion of the tenge to dollar exchange rate pegged corridor in Kazakhstan.
President Nursultan Nazarbayev has dispelled the rumours about a forthcoming devaluation of the tenge in Kazakhstan.
Experts share their views on the possible implications of devaluation of the tenge for Kazakhstani banks.
First Deputy Prime Minister of Kazakhstan has officially refuted the reports suggesting that the largest Central Asian economy was intending to ban or limit imports from Russia.
With the coming of February Kazakhstan's population and businesses were holding their breaths waiting for the National Bank's next move on the tenge. Is devaluation inevitable and how bad can it be? Kazakhstani experts Olzhas Khudaiberganov and Anuar Ushbayev say they have a plan.
Olzhas Khudaibergenov, Director of the Center for Macroeconomic Research, outlined measures to reduce the currently excessive dollarization of the country’s economy.
Kairat Kelimbetov reassures the population of Kazakhstan of the stability of the tenge.
- National Bank
- Central Bank
- Middle East & Africa
- Central Asia
- Ministry of Education and Science
- Nursultan Nazarbayev
- Karim Massimov
- stock exchange
- exchange rate