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Volatility of the Russian rouble is not reflected on the Kazakh tenge Besides, Kazakhstan may do pretty well with the oil prices standing in the range of $95-100 per barrel: Central Bank Governor.

07 June 2012

Kazakhstan banknote named best in the world Kazakhstan commemorative banknote with a nominal value of 10,000 tenge has been acknowledged The Banknote of the Year by IBNS.

05 June 2012

New 10,000 tenge banknote released in Kazakhstan Newly designed banknote with a nominal value of 10,000 tenge has been released in Kazakhstan.

04 June 2012

Kazakhstan investments into the US economy stand at $41 billion: Central Bank Governor US companies have directly invested into the Kazakh economy $22 billion, with the overall US investments into the Kazakh economy since Kazakhstan gained independence standing at $38 billion.

24 May 2012

Central Bank Governor turns down suggestions of a single pension fund in Kazakhstan Mr. Marchenko emphasized that Kazakhstan needs to think of public private partnerships to launch investment projects inside the country.

16 May 2012

National Bank’s gold and FX reserves figure announced Since the start of the year the net gold and FX reserves have grown by 19.93%.

07 May 2012

Customs Union may launch a common currency in 10-12 years: Central Bank Governor According to him, it will take time for the Customs Union member states to work out common rules of the game.

04 May 2012

Central Bank Governor Gregory Marchenko in favor of raising retirement age for women In an interview for KazTag Agency early March Gregory Marchenko said that “raising the retirement age for women up to 63 y.o. is an issue of gender equality.

02 May 2012

Central Bank Governor does not rule out the key rate may be further slashed in May Earlier the Bank decided to set the key rate at 6.5% starting from April 1, which is the lowest rate ever.

28 April 2012

Stressed Assets Fund to buy out bad loans from banks starting from May The vehicle will be used to buy out bad loans not related to the real estate market: Central Bank Governor.

28 April 2012

KazMunaiGas to issue bonds at the APR of 6% to finance Kashagan: Central Bank Governor The National Oil Fund assets managed by the National Bank will be used to purchase the bonds.

28 April 2012

Kazakhmys sold gold worth $115 million to Kazakhstan National Bank Kazakhmys corporation sold gold worth $115 million to Kazakhstan National Bank in the first quarter of 2012.

27 April 2012

Toxic assets fund under the National Bank of Kazakhstan launched Should the toxic assets fund be successful, second tier banks will get rid of toxic assets worth $2 billion: Central Bank Governor.

19 April 2012

Kazakhstan Central Bank slashes its key rate Previously the key rate had been slashed February 14, 2012 from 7.5% to 7%.

29 March 2012

Central Bank Governor on Islamic financial industry in Kazakhstan The Government is developing an Islamic Finance Development Roadmap before 2020.

19 March 2012

It is prematurely to talk of a single currency within the Customs Union: Central Bank Governor First of all, the member states would have to concert major macroeconomic parameters just like European nations did when formulating Maastricht criteria.

16 March 2012

National Bank preparing for e-tenge Kazakhstan National Bank is working on implementation of e-tenge electronic money system.

16 March 2012

National Bank purchased 20 tons of gold since November 2011 As of March 1, 2012 the Bank’s gold and currency reserves made up $35.352 billion, with the currency reserves standing at $30.072 billion.

15 March 2012

Central Bank Governor on the Tenge strengthening The external conditions for Kazakhstan, a commodity exporter, are extremely favorable: Gregory Marchenko.

07 March 2012

Massimov signed joint statement of government and National Bank Karim Massimov signed a joint statement of Kazakhstan government and the National Bank on the economic policy in 2012.

01 March 2012

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