News about dollar
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 December 2015 19:46
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 December 2015 16:46
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 December 2015 15:29
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 November 2015 13:30
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 November 2015 14:34
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 November 2015 17:59
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 October 2015 22:09
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 September 2015 15:42
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 September 2015 15:43
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 September 2015 22:01
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 August 2015 21:06
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 August 2015 21:24
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 August 2015 19:37
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 August 2015 19:11
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 August 2015 15:52
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 August 2015 15:13
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 August 2015 15:24
Analysts on fair market exchange rate of USD to tenge
August 20 the country’s Central Bank renounced its policy of the set currency band, letting the national currency float freely.
21 August 2015 11:41
Causes of tenge-dollar exchange rate spike unclear
People in Kazakhstan wonder about the meaning of August 19 spike in tenge-dollar exchange rate, while the National Bank keeps silent.
20 August 2015 01:29
New devaluation in Kazakhstan?
Kazakhstani banks raise dollar-tenge exchange rate. People fear another devaluation of the currency. The Kazakh National Bank is silent.
19 August 2015 16:50
