site.news_by_theme exchange rate
According to Mikhail Khazin, parity between the Russian ruble and the Kazakh tenge contributes to de-dollarization of trade between Kazakhstan and Russia.
In spite of a massive depreciation of the Kazakh tenge, further measure need to be taken to help the domestic manufacturers in Kazakhstan.
According to Kazakhstani financial analyst Baitas Kurmanov, Kazakh tenge exchange rate has finally stabilized.
National Bank of Kazakhstan released data on Kazakh tenge real exchange rate against the currencies of Kazakhstan's major trade partners.
Kazakhstan's Prime Minister Karim Massimov described the implications of the Russian ruble's devaluation in fall 2014 for the Kazakh economy.
In September, the US dollar rate in Kazakhstan will fluctuate in the range of 265-295 tenge per one US dollar, according to Anna Bodrova.
Chairman of Kazakhstan's National Bank Kairat Kelimbetov: pension funds are secure against inflation.
The National Bank of Kazakhstan has made exchange rate interventions to stabilize the tenge.
Nazarbayev has elaborated on the reasons behind Kazakhstan's decision to send its tenge floating.
Kazakh and foreign experts have commented on the recent decision of Kazakhstan to stop defending its tenge and send it floating.
August 20 the country’s Central Bank renounced its policy of the set currency band, letting the national currency float freely.
The National Bank will not be directly defining the exchange rate, but will retain the right to rely on currency interventions if the financial system faces threats of destabilization.
People in Kazakhstan wonder about the meaning of August 19 spike in tenge-dollar exchange rate, while the National Bank keeps silent.
Experts comment on the latest expansion of the tenge to dollar exchange rate pegged corridor in Kazakhstan.
Kazakhstan’s central bank has expanded the tenge to US dollar exchange rate corridor.
Experts share their views on the possible implications of devaluation of the tenge for Kazakhstani banks.
Chairman of one of Kazakhstani banks says that the tenge deficit in Kazakhstan is created artificially.
Governor of the National Bank of Kazakhstan Kairat Kelimbetov said that a devaluation of the tenge is possible if oil prices fall below $50 per barrel.
Should there be some changes in the external markets, we will prevent a shocking currency devaluation and will be working to ensure a gradual change of the tenge exchange rate: Kairat Kelimbetov.
Kazakhstan National Bank has introduced a new ban prohibiting Kazakh banks from keeping over 30% of their funds abroad, but offered them tenge rate stability and cheap funding at the same time.
- Karim Massimov
- Eurasian union
- pension fund
- National Bank
- Nursultan Nazarbayev
- Central Asia
- Central Bank
- Halyk Bank