Olzhas Khudaibergenov on currency interventionsWednesday, 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
We learn to live without oil: Kazakhstan's Minister of FinanceKazakhstan’s Minister of Finance Bakhyt Sultanov answered questions of foreign guests at the VII Astana Economic Forum concerning the measures Kazakhstan had been undertaking amidst unstable oil prices.
29 May 2015
Central Bank Governor on National Oil FundAs of April 1, 2015 Kazakhstan’s international reserves stood at $98.8 billion, including $29.1 billion in gross gold and FX reserves of the Central Bank and $69.7 billion in assets of the National Oil Fund.
20 May 2015
Kazakhstan’s Central Bank Governor on tenge prospectsAccording to him, back in 2014 the country’ economy accumulated certain margin of safety. The country’s gold and FX reserves reached $102 billion, including $73 billion with the National Oil Fund.
Kazakhstan’s international reserves figure announcedKazakhstan’s international reserves, including the gold and FX reserves of the Central Bank and the assets of the National Oil Fund grew from $95.507 to $103.754 billion from January to July 2014.
07 August 2014
Kazakhstan announces its international reserves figureThe gold and FX reserves of the Central Bank grew by 7.1% to reach $26.471 billion from January to June 2014, with the assets of the National Oil Fund growing by 8.21% to reach $76.607 billion.
Kazakhstan’s international reserves figure announcedThe gold and FX reserves of the National Bank for the period grew by 7.45% to reach $26.517 billion, with the assets of the National Oil Fund growing by 3.18% for the period to reach $72.787 billion.
$1 billion to support small and middle-sized businesses in KazakhstanFebruary 14 Kazakhstan’s President Nursultan Nazarbayev instructed his Cabinet to allocate $5.4 billion out of the National Oil Fund [accumulating oil windfall revenues] in 2014-2015 as “long money” for the country’s economy.
Kazakhstan’s President meets Central Bank GovernorThe country’s international reserves, including assets of the National Oil Fund [accumulating windfall oil revenues], increased by 7.4% since the start of the year, reaching $92.4 billion: Central Bank Governor.