Kazakh National Bank Governor reiterates tenge stability
Kairat Kelimbetov reassures the population of Kazakhstan of the stability of the tenge.
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.
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.
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”.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Astana residents stocking up on dollars 'just in case'
Astana residents have been forming queues near currency exchange officer on Thursday.
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.
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.
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.
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.
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.