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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 September 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 September 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 September 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 August 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 August 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 August 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 August 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 August 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 August 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 August 2015
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
©Tengrinews 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
©REUTERS 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
Photo courtesy of alphacoders.com Loans in dollars are dangerous: head of Kazkom Chairman of the Board of of Kazkommertsbank said that issuing and obtaining loans in dollars in Kazakhstan was dangerous.
27 July 2015
©Yaroslav Radlovsky Experts comment on Kazakh National Bank expanding tenge-dollar pegged corridor Experts comment on the latest expansion of the tenge to dollar exchange rate pegged corridor in Kazakhstan.
16 July 2015
Central Bank Governor Kairat Kelimbetov. Photo courtesy of ortcom.kz. Kazakhstan expands tenge to US dollar exchange rate corridor Kazakhstan’s central bank has expanded the tenge to US dollar exchange rate corridor.
15 July 2015
Kairat Kelimbetov. Photo courtesy of primeminister.kz Kazakhstan not to take Argentina’s path when walking away from excessive dollarization We are not taking measures Argentina once resorted to. For Argentina it was a forced step. We want to smoothly walk away from dollarization: Central Bank Governor.
25 May 2015
©REUTERS Oil price may hit $40 per barrel by end of month Oil prices might fall again as reserves of crude continue growing, experts say.
18 March 2015
Kairat Kelimbetov. Photo courtesy of primeminister.kz Kazakh Central Bank Governor speaks tenge liquidity and de-dollarization Governor of the National Bank of Kazakhstan Kairat Kelimbetov speaks about the state of the financial market in Kazakhstan and what the government will do about it.
15 February 2015
©Tengrinews illustration Nazarbayev urges state companies to support tenge President of Kazakhstan Nursultan Nazarbayev has urged Kazakhstan's state companies to sell dollars and buy the tenge.
13 February 2015
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