News about Kazakhstan

Dedollarization of Kazakh mentality: Governor of National Bank The National Bank and Government of Kazakhstan are going to press on to dedollarize the economy and discourage Kazakhstanis from relying on the US dollar.
13 February 2014 16:24
Kazakhstan’s Oil and Gas Minister on Kashagan and 20% currency devaluation Kashagan couldn’t have any influence on revenues that the Government had been planning to gain from crude sales in 2014: Uzakbai Karabalin.
13 February 2014 16:17
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 16:02
10% hike: Air Astana on prices for air tickets The 20% currency devaluation will have an impact on the company’s financial performance as 70% of sales are in the national currency, with 65% of expenses being in US Dollars: Erbol Ospanov.
13 February 2014 11:54
Olympics: Kazakhstan's freestyler Dmitry Reiherd 5th in mogul Kazakhstan's athlete Dmitry Reiherd has taken the 5th place in mogul skiing at the Sochi Olympics 2014 in Russia.
12 February 2014 18:43
Olympics: Yuliya Galysheva of Kazakhstan intends to quit sport after Sochi Olympics 21-y.o. freestyler Yuliya Galysheva of Kazakhstan has declared that she will finish her sport career after the Sochi Winter Olympics 2014.
12 February 2014 18:34
Olympics: Speed-skater Roman Krech 7th in men's 500m race Kazakhstan's speed-skater Roman Krech has become 7th after two men's 500 meters races at the Winter Olympic Games 2014 in Sochi, Russia.
12 February 2014 17:48
New Vice-Minister of Industry and New Technologies appointed in Kazakhstan Yerlan Sagadiyev has been appointed the new Vice-Minister of Industry and New Technologies of Kazakhstan.
12 February 2014 17:30
Kazakhstani sentenced to life imprisonment in US facing retrial Kazakhstan national Asel Abdygapparova convicted for life in prison in the US is awaiting retrial and possible reduction of jail sentence.
12 February 2014 16:44
Kazakhstan’s Central Bank Governor calls commoners to count their blessings I believe Kazakhstanis appreciate the policy pursued by the country’s authorities: many Kazakhstanis got a job, many have started their own businesses; it’s just the start of the way: Kairat Kelimbetov.
12 February 2014 16:25
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 Governor glad over his growing publicity in the wake of the 20% currency devaluation My popularity ratings in my own family had never been so high: Kairat Kelimbetov.
12 February 2014 15:42
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
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