News about Kazakhstan
Kazakhstan’s Central Bank Governor on immediacy of the decision to devalue the national currency by 20%
Starting from February 11, 2014 Kazakhstan’s Central Bank decided to stop supporting the tenge exchange rate, decrease currency interventions and stop interference with shaping the tenge exchange rate.
12 February 2014 16:03
Fugitive banker Ablyazov eyeing political asylum in France
Fugitive ex-chairman of Kazakhstan-based BTA Bank Mukhtar Ablyazov intends to request a political asylum in France.
12 February 2014 15:56
Kazakhstan's central bank sets tenge exchange rate to 163.9 per $1, but no second-tier banks bother
Average weighted exchange rate of tenge against dollar equaled to 163.9 tenge per dollar.
12 February 2014 14:58
Pipe blowout, hot water gushing in Almaty, five injured
A pipe burst in Almaty and a huge amount of hot water was gushing out into the pavement releasing clouds of steam.
12 February 2014 12:32
Tenge meltdown disrupts e-Gov and online shopping in Kazakhstan
Today's devaluation of tenge in Kazakhstan has affected the work of the e-government website eGov.kz.
11 February 2014 21:29
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 20:46
Dollar explodes in Kazakhstan: 200 tenge per dollar
Kazakhstan banks are setting their exchange rates ski-high, selling one dollar for more than 200 tenge.
11 February 2014 20:31
Labor Minister of Kazakhstan comments on Abu Dhabi Plaza strike
Kazakhstan Labor Minister Tamara Duisenova has commented on yesterday's strike of the workers constructing Abu Dhabi Plaza skyscraper in Astana.
11 February 2014 19:42
Ex Secretary of State Marat Tazhin appointed Ambassador to Russia
The outgoing Ambassador Galym Orazbekov has been appointed Head of the State Agency for Fair Competition.
11 February 2014 19:25
Golovkin named Best Boxer of January by WBA
The WBA middleweight champion Gennady “GGG” Golovkin has been named the Best Boxer of January by the Rating Committee of the World Boxing Association.
11 February 2014 18:01
20% hike: Big stores in Kazakhstan change prices amid tenge devaluation
Big stores in Kazakhstan are increasing their prices amid the devaluation of tenge.
11 February 2014 17:52
The new tenge exchange rate is beneficial to the country’s economy: Kazakhstan’s Central Bank Governor
The spread in currency exchange transactions should be no more than 2 tenge per each sold or bought US Dollar, Kairat Kelimbetov said.
11 February 2014 16:39
I only learned about tenge devaluation last night: Central Bank Governor
There can’t have been any leaks as we only made the decision yesterday after the Stock Exchange trades were over: Kairat Kelimbetov.
11 February 2014 16:05
Preliminary cause of fire at Almaty flea market unveiled
The Emergency Situations Ministry of Kazakhstan has named the preliminary cause of the massive fire at the Almaty flea market.
11 February 2014 15:16
9 years for corruption of minors: Uralsk case
British national Peter Baruch, 38, charged with production of child pornography was detained for three days after the Prosecutors lodged an appeal.
11 February 2014 12:43
Currency devaluation in Kazakhstan
The new exchange rate is expected at 185 tenge for 1USD (up from 155 tenge for 1 USD).
11 February 2014 11:56
February 12-13 Kazakhstan and Russia to discuss Proton-M launches
Russia’s Proton-M carrier rocket [equipped with a DM-3 booster] carrying three Glonass-M navigation satellites crashed right after the lift-off at Kazakhstan-based Baikonur cosmodrome on July 2, 2013.
11 February 2014 09:52
700 workers constructing Abu Dhabi Plaza in Astana out on strike
Around 700 workers constructing Abu Dhabi Plaza in Astana have stopped working and gathered near Arabtec Holding headquarters this afternoon.
11 February 2014 04:19
Kazakhstan Olympic uniform among the best, according to Sports.ru
Kazakhstan Olympic team's outfit has entered the list of the best outfits at the Opening Ceremony of the Sochi Winter Olympics 2014.
10 February 2014 18:57