site.news_by_theme exchange rate
Depreciation of tenge contributes to de-dollarization of Kazakh-Russian trade: opinion
According to Mikhail Khazin, parity between the Russian ruble and the Kazakh tenge contributes to de-dollarization of trade between Kazakhstan and Russia.
23 November 2015
Tenge depreciation not enough to help Kazakh exporters
In spite of a massive depreciation of the Kazakh tenge, further measure need to be taken to help the domestic manufacturers in Kazakhstan.
17 November 2015
Kazakh tenge's sharp fluctuations period over: opinion
According to Kazakhstani financial analyst Baitas Kurmanov, Kazakh tenge exchange rate has finally stabilized.
16 November 2015
Kazakh tenge real exchange rate down by 24.7% in 2015
National Bank of Kazakhstan released data on Kazakh tenge real exchange rate against the currencies of Kazakhstan's major trade partners.
13 November 2015
Russia-Kazakhstan exchange rate policy implications discussed in Astana
Kazakhstan's Prime Minister Karim Massimov described the implications of the Russian ruble's devaluation in fall 2014 for the Kazakh economy.
12 November 2015
Kazakh tenge per US dollar exchange rate forecast
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.
25 September 2015
Tenge depreciation concerns retirees
Chairman of Kazakhstan's National Bank Kairat Kelimbetov: pension funds are secure against inflation.
21 September 2015
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
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
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
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
Kazakhstan opts for floating exchange rate for its currency
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.
20 August 2015
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
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
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
Kazakh banks may benefit from tenge devaluation: experts
Experts share their views on the possible implications of devaluation of the tenge for Kazakhstani banks.
24 March 2015
Head of Kazakh bank tags tenge deficit artificial
Chairman of one of Kazakhstani banks says that the tenge deficit in Kazakhstan is created artificially.
07 March 2015
Tenge exchange rate adjustment possible if oil prices go below $50: Kazakh central bank governor Kelimbetov
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.
13 February 2015
No sharp changes of the tenge exchange rate: Central Bank Governor
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.
11 February 2015
Central bank cleans the house in Kazakhstan’s banking sector
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.
17 September 2014