News about exchange rate

Devaluation in Kazakhstan: How black was Black Tuesday? Kazakhstan's central bank released the tenge into a 'managed free float ín February 2011 and this has brought Kazakhstani depositors to loosing 20% of their savings in dollar equivalent.

13 February 2014

Mayor of Almaty orders to keep prices down The Akim (Mayor) of Almaty Akhmetzhan Yesimov has instructed the city authorities to keep prices down amid the devaluation of tenge.

11 February 2014

Venezuela limits access to dollars at official rate Venezuela said Wednesday it would allow only importers of high priority goods like food to buy dollars at the official rate, forcing others to pay nearly twice that.

23 January 2014

National Bank’s Vice Governor assures the tenge will remain stable for years to come According to him, “for the recent year the nation’s exports potential has grown 40%”.

12 June 2012