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US, EU stocks fall as markets focus on dollar US and EU stocks drifted lower on Friday while euro struck a 12-month low against dollar on market expectations of US interest rate hike.
19 ноября 2016
©RIA Novosti Saxo Bank makes Kazakh tenge and oil forecasts 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.
05 апреля 2016
©Tengrinews Inflation in Kazakhstan makes 13.6% in 2015 Statistics Committee of the Ministry of National Economy of Kazakhstan released official inflation rate data: 13.6% in 2015 in Kazakhstan.
05 января 2016
©Tengrinews Kazakhstan National Bank explains tenge depreciation and equilibrium rate Kazakh National Bank Governor Akishev talks about mechanisms behind depreciation of the tenge and central bank’s role in shaping Kazakhstan
28 декабря 2015
©Turar Kazangapov Inflation in Kazakhstan nears 13%, central bank admits Inflation in Kazakhstan reached 12.8% in the end of November. National Bank's Akishev names tenge depreciation the main driver.
28 декабря 2015
Oil price slump forces Azerbaijan to stop propping up currency 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.
22 декабря 2015
Photo courtesy of kazakhembus.com Russia moves forward with common currency for EEU despite Kazakhstan's opposition Russia is considering a common unit of account and currency for the EEU, while Kazakhstan is not eager to move forward with this project.
25 ноября 2015
©Turar Kazangapov Depreciation of tenge contributes to de-dollarization of Kazakh-Russian trade: opinion According to Mikhail Khazin, parity between the Russian ruble and the Kazakh tenge contributes to de-dollarization of trade between Kazakhstan and Russia.
23 ноября 2015
Photo © Turar Kazangapov Depreciation of tenge caused by appointment of National Bank's new Governor? According to experts, appointment of Daniyar Ashirov as New Governor plunged the national currency into the feared 300 KZT to $1 zone.
18 ноября 2015
Photo© Turar Kazangapov Current tenge exchange rate is adequate: Kazakhstan central bank Governor Governor of the National Bank of Kazakhstan Kairat Kelimbetov sees the current tenge exchange rate as adequate under the circumstances.
08 октября 2015
Minister of Finance Bakhyt Sultanov. Photo © Turar Kazangapov In Kazakhstan salaries depend on labor productivity, not on dollar exchange rate: Minister of Finance Kazakh Minister of Finance Bakhyt Sultanov said that salaries of Kazakhstanis should not depend on tenge per dollar exchange rate.
18 сентября 2015
Photo © Turar Kazangapov Kazakh central bank intervenes in FX market to stabilize tenge The National Bank of Kazakhstan has made exchange rate interventions to stabilize the tenge.
17 сентября 2015
Photo courtesy of online.dubaidutyfree.com. Kazakhstan citizen wins $1 million in Dubai Duty Free lottery Omar Samalikov from Kazakhstan has become the 198th winner of Dubai Duty Free Millennium Millionaire lottery in Dubai and also a cash prize of 1 million dollars.
15 сентября 2015
©REUTERS Oil prices will continue falling: Kazakh economist Kazakhstani economist Vladimir Telnov predicts that global oil prices will continue falling in the next 5 to 15 years.
26 августа 2015
Photo © Turar Kazangapov Kazakhstani airline SCAT increases ticket prices by 20% Following suit of the Kazakhstan national airline Air Astana, another Kazakh airline SCAT has announced a ticket price rise.
24 августа 2015
©Turar Kazangapov Nazarbayev explains reasons for switching to floating exchange rate Nazarbayev has elaborated on the reasons behind Kazakhstan's decision to send its tenge floating.
24 августа 2015
©Turar Kazangapov Nazarbayev urges exporters to sell dollars at home After the devaluation of the Kazakh national currency tenge, Kazakhstan president asked exporters to sell dollars at the domestic market.
24 августа 2015
©REUTERS Experts comment on Kazakhstan's decision to abandon control of tenge Kazakh and foreign experts have commented on the recent decision of Kazakhstan to stop defending its tenge and send it floating.
24 августа 2015
©Turar Kazangapov Air Astana raises airline ticket price Kazakhstan’s national airline Air Astana has raised ticket prices on international flights after Kazakhstan floated the tenge.
24 августа 2015
Photo courtesy of tengrinews.kz Nazarbayev instructs National Bank to compensate tenge deposits President of Kazakhstan instructed the National Bank to initiate a mechanism of compensation for private fixed-term deposits in tenge.
21 августа 2015

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