site.news_by_theme devaluation

Kairat Kelimbetov ©pm.kz Kazakh National Bank Governor reiterates tenge stability Kairat Kelimbetov reassures the population of Kazakhstan of the stability of the tenge.
24 January 2015
©hitch.kz Tenge devaluation cannot be ruled out in Kazakhstan: expert Analyst of Alpari company believes the National Bank of Kazakhstan is maintaining the tenge exchange rate at this point, but certain conditions might require devaluing in the future.
10 December 2014
One ruble. Photo courtesy of eer.ru German Foreign Minisiter calls Kazakhstan Central Asian 'anchor of stability' German Foreign Affairs Minister Steinmeier has called Kazakhstan an 'anchor of stability' in Central Asia but expressed worries that geopolitical situation in the region might affect economic cooperation between the two countries.
11 November 2014
Central Bank Governor Kairat Kelimbetov © pm.kz Central Bank Governor on situations in Russia and Kazakhstan According to him, “unlike Russia, we enjoy a free access to the international markets (…) the Government has issued sovereign bonds worth $2.5 billion”.
10 November 2014
©REUTERS Government debt in Kazakhstan exceeds pre-devaluation mark Latest data provided by Kazakhstan Stock Exchange suggests that the government debt in Kazakhstan now exceeds its pre-devaluation level.
31 October 2014
Photo courtesy of ortcom.kz Governor of National Bank of Kazakhstan sees no reasons to worry about dynamics on international markets Governor of the National Bank of Kazakhstan has declared there was no reason to be worried about falling oil prices and West-Russia sanctions reciprocation.
31 October 2014
Photo courtesy of strategy2050.kz Central Bank Governor on why he assured there would be no currency devaluations prior to actual devaluation Prior to the 20% currency devaluation back in February Mr. Kelimbetov assured the country’s population there were no such expectations.
22 October 2014
Yerbolat Dossayev. Photo courtesy of ortcom.kz National Economy Minister on possibilities of currency devaluation According to him, Kazakhstan’s Central Bank and the Government are thinking of preventive measures, trying to understand the prospects of the Russia's national currency.
09 October 2014
©REUTERS Russian ruble hits historic low against dollar The Russian ruble fell on Monday to a historic low against the dollar after the West imposed fresh sanctions over Ukraine.
15 September 2014
©REUTERS Kazakhstan people keep $18 billion at home: Central Bank Governor Accoding to him, massive misleading sms campaigns informing people of alleged bankruptcy of some of Kazakhstan-based banks in the wake of the 20% currency devaluation back in February and waves of rumors about possible devaluation recently have been encouraging people to keep their money at home.
10 September 2014
©REUTERS Devaluation vs revaluation of Tenge: Kazakhstan keeps fingers crossed Kazakhstan awaits 'a new decision' about the tenge exchange rate, fears a new devaluation and keeps its fingers crossed.
05 September 2014
© Yaroslav Radlovsky Kazakhstan’s Central Bank Governor on national currency appreciation The Governor doesn’t rule out the USD exchange rate could further go down to 170 tenge per $1 as compared to the current 183 tenge per $1.
04 September 2014
©Yaroslav Radlovsky National Bank able to maintain tenge exchange rate for at least one year: expert Tengrinews asked several experts about their opinions on the risks related to Kazakhstan's national currency - the tenge.
07 August 2014
©Yaroslav Radlovsky Largest bank in Kazakhstan experiencing cash withdrawals increase in wake of recent devaluation rumors Pressure on Kazkommertsbank’s ATM machines has increased by 15% due to devaluation rumors.
04 August 2014
Long queues for dollars ©Turar Kazangapov Astana residents stocking up on dollars 'just in case' Astana residents have been forming queues near currency exchange officer on Thursday.
01 August 2014
Building of the Prosecutor General of Kazakhstan. © Turar Kazangapov Kazakhstan Prosecutor General warns devaluation rumors may lead to criminal liability General Prosecutor's Office of Kazakhstan warned about criminal responsibility for spreading rumors alleging national currency devaluation.
01 August 2014
©Yaroslav Radlovsky National Bank Governor's advisor refutes Kazakh currency devaluation rumors Adviser to the Governor of the National Bank of Kazakhstan denies the possibility of tenge devaluation.
01 August 2014
©Yaroslav Radlovsky Rumors of second devaluation in Kazakhstan are speculations: experts Financial experts have shared their opinions about the possibility of devaluation of the Tenge, Kazakh national currency.
01 August 2014
Kairat Kelimbetov. Yaroslav Radlovsky © Central Bank Governor on possible second wave of currency devaluation Last week following a slight change in the tenge exchange rate against the US Dollar Kazakhstan’s citizens started to massively purchase US Dollars.
02 June 2014
Kairat Kelimbetov. Photo courtesy of ortcom.kz Kazakhstan's economy benefits from devaluation: Kelimbetov National Bank Chairman Kairat Kelimbetov declared that the economy of Kazakhstan responded positively to the recent 20% devaluation of the Tenge.
14 May 2014
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