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Pegging or no pegging: tenge in new monetary policy Experts believe, the financial sector of Kazakhstan has not reached a complete freedom from pegging to the US dollar.

24 November 2015

Nazarbayev visits Qatar to foster investemnts and relations between countries President of Kazakhstan Nursultan Nazarbayev visited Doha, Qatar.

23 November 2015

National Bank's Governor post is risky business The resignation of Kairat Kelimbetov from the post of the National Bank governor and a prompt appointment of Daniyar Akishev have raised conflicting feelings both in the media and among general public.

18 November 2015

Depreciation of tenge caused by appointment of National Bank's new Governor? According to experts, appointment of Daniyar Ashirov as New Governor plunged the national currency into the feared 300 KZT to $1 zone.

18 November 2015

Central Bank Governor on tenge prospects The exchange rate reflects the current external factors such as the exchange rate of the Russia’s rouble and the current state of the Russia’s and China’s economies: Central bank Governor Daniyar Akishev.

18 November 2015

Chairman of Development Bank of Kazakhstan on public trust in tenge Kazakhstanis will trust tenge only when they understand reasons behind exchange rate fluctuations: Chairman of Kazakhstan Development Bank.

17 November 2015

President Nazarbayev: the tenge is not facing something extraordinary According to him, the national currency is just feeling the pressure of falling prices for hydrocarbons, which is natural.

17 November 2015

Kazakhstan’s Central Bank on ongoing depreciation of the tenge To keep the gold and FX reserves intact, the Central Bank decided to minimize its participation in the country’s FX market starting from November 5, 2015.

05 November 2015

Kazakhstan’s Central Bank Governor on tenge prospects We believe the current exchange rate of 277 tenge for USD1 reflects the true market value and is the one the country’s economy benefits from: Kairat Kelimbetov.

21 October 2015

Current tenge exchange rate is adequate: Kazakhstan central bank Governor Governor of the National Bank of Kazakhstan Kairat Kelimbetov sees the current tenge exchange rate as adequate under the circumstances.

08 October 2015

Kazakhstan National Bank raises base interest rate to 16% The National Bank of Kazakhstan has revised the base interest rate raising from 12 to 16 percent in order to curb inflation in Kazakhstan.

05 October 2015

Why intervene with tenge free float? Deputy Chairman of the National Bank of Kazakhstan Kuat Kozhakhmetov has commented on the recent interventions of the financial regulator.

25 September 2015

Tenge depreciation concerns retirees Chairman of Kazakhstan's National Bank Kairat Kelimbetov: pension funds are secure against inflation.

21 September 2015

Kazakhstan’s Central Bank Governor on interventions into FX market Currency interventions September 16 totaled $144 million. September 17 the figure stood at 270.4 million, falling to 67.2 million September 18.

19 September 2015

Olzhas Khudaibergenov on currency interventions Wednesday, September 16, the country’s Central Bank had to resort to currency interventions worth $114 million to sustain the tenge exchange rate.

17 September 2015

How new monetary policy will affect country’s banking system Under such circumstances minor players of the market might opt for merging into bigger entities: Mr. Olzhas Khudaibergenov, Head of the Center for Macroeconomic Studies.

03 September 2015

Nazarbayev instructs National Bank to compensate tenge deposits President of Kazakhstan instructed the National Bank to initiate a mechanism of compensation for private fixed-term deposits in tenge.

21 August 2015

Kazakhstan central bank on why fixed currency exchange rate had to be renounced Inflation targeting is another type of monetary policy that rests on the inflation rate in the mid run, rather than on the currency exchange rate: Kairat Kelimbetov.

20 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

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