Dollar falls as fiscal cliff worries grow
The dollar dropped to its lowest level against the euro in three months Friday, the euro going above $1.31 as politicians in Washington appeared no closer to averting the economy-crunching fiscal cliff.
Dollar, euro gain in Asian trade after China data
The dollar and euro climbed against the yen in Asia on Thursday as positive Chinese manufacturing data boosted risk sentiment, while traders were also looking ahead to a crucial US jobs report.
India's rupee at near 6-month-high on reform boost
The Indian rupee on Friday soared to its highest level against the dollar in almost six months after the embattled government pushed ahead with more measures to attract foreign investment.
Argentina imposes more restrictions on US dollars
Argentina has imposed another restriction on the sale of US dollars, barring travelers from purchasing them unless the dollar is the currency of their destination.
Euro inches off multi-year lows in Asian trade
The euro inched higher in Asian trade on Wednesday after hitting new multi-year lows against the dollar and yen amid worries over the European debt crisis.
Euro falls to lowest against yen in over a decade
The euro tumbled below 95 yen for the first time in almost 12 years on Monday as dealers rushed to the safe-haven Japanese unit owing to growing fears about Spain's debt crisis.
World stocks, euro, oil jump as EU summit delivers
World stock markets surged Friday, the euro jumped against the dollar, and oil prices rocketed after a key EU summit delivered surprise emergency measures to fight the eurozone debt crisis.
Kazakhstan Tenge will not be devalued: expert
An expert of Kazakhstan Ministry of Economic Development Madiyar Kenzhebulat said that 166 tenge per 1 dollar would be “the worst scenario” for Kazakhstan currency.
Central Bank Governor on the Tenge strengthening
The external conditions for Kazakhstan, a commodity exporter, are extremely favorable: Gregory Marchenko.
Half a million counterfeit dollars found in garage in Atyrau
Over half a million of counterfeit dollars were found in a garages in a private house in Atyrau.
Kazakhstan ready for a new wave of financial crisis
However, should the crisis be lingering, we will have to review approaches to the budgeting process: Samruk – Kazyna Sovereign Wealth Fund Vice Chairman of the Board.
Kazakhstan capable of maintaining stability of the national currency: Central Bank Head
According to him, Kazakhstan’s exporters are in a better position than their Russian counterparts.
