It was a natural response of the banks (…) they had been expecting a drastic currency devaluation and they insured against currency-related risks, he elaborated.
Gene sequencing of Galapagos Island finches first studied by Charles Darwin have found the birds have a traceable evolutionary history going back two million years.
A $340 million satellite that aims to alert people to potentially dangerous solar activity and geomagnetic storms blasted off toward deep space atop a SpaceX Falcon 9 rocket.
With the coming of February Kazakhstan's population and businesses were holding their breaths waiting for the National Bank's next move on the tenge. Is devaluation inevitable and how bad can it be? Kazakhstani experts Olzhas Khudaiberganov and Anuar Ushbayev say they have a plan.
A former HSBC employee who leaked documents alleging the bank helped wealthy customers dodge tax said he had tried to alert British authorities about evasion in 2008.
The leaders of Ukraine, Russia, Germany and France on Wednesday gathered for the start of a peace summit in Minsk aimed at ending 10 months of bloodshed in Ukraine.
The International Red Cross and Red Crescent Movement denounced a series of violent attacks on its volunteers battling the deadly Ebola epidemic in Guinea
Two biggest Central Asian economies may become competitors if both are in the Eurasian Economic Union. For now, as Uzbek President expresses disinterest in joining the union, the bilateral cooperation and ties are strengthening.
Should there be some changes in the external markets, we will prevent a shocking currency devaluation and will be working to ensure a gradual change of the tenge exchange rate: Kairat Kelimbetov.
When working on its concept, we did understand there would be some adjustments. The global economy we are part of is introducing such adjustments: President Nazarbayev.