Minister commented on the possibility of the dollar exchange rate rising to 600 tenge
Tengrinews.kz - Minister of National Economy Nurlan Baibazarov commented on the possibility of the dollar exchange rate rising to 600 tenge.
Will food prices rise due to dollar fluctuations
Tengrinews.kz – Minister of National Economy Nurlan Baibazarov addressed the question of whether food and goods prices in Kazakhstan will increase
Head of the National Bank explained the increase in the dollar exchange rate
Tengrinews.kz - The Chairman of the National Bank of Kazakhstan, Timur Suleimenov, explained the possible reasons for the rise in price of the
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.
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.
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.
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
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.
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.
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.
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.
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.
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.
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.
Kazakh central bank intervenes in FX market to stabilize tenge
The National Bank of Kazakhstan has made exchange rate interventions to stabilize the tenge.
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.
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.
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.
Nazarbayev explains reasons for switching to floating exchange rate
Nazarbayev has elaborated on the reasons behind Kazakhstan's decision to send its tenge floating.
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.
