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.
Euro under pressure as Moody's lowers Italy bond rating
The euro was under fresh selling pressure to fall below $1.22 in Asia trade on Friday after ratings agency Moody's on Friday downgraded Italy's government bond rating.
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.
Kazakhstan slashes the share of Euro in its FX reserves
So far we don’t plan to further change the breakdown of currencies in the nation’s currency reserves: Central Bank Governor.
Japan bought 10% of eurozone fund's latest bonds
Japan bought half as many bonds as usual in the eurozone rescue fund's latest issue, an official in Tokyo said Tuesday.
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.
