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©Turar Kazangapov
Tenge slides 100% in 5 months; what next for Kazakhstan?

Amid falling oil prices and tenge exchange rate fluctuations, experts are wary to predict Kazakhstan's future.

Tenge slides 100% in 5 months; what next for Kazakhstan?
Photo © REUTERS
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.

Pegging or no pegging: tenge in new monetary policy
©Turar Kazangapov
Depreciation of tenge contributes to de-dollarization of Kazakh-Russian trade: opinion

According to Mikhail Khazin, parity between the Russian ruble and the Kazakh tenge contributes to de-dollarization of trade between Kazakhstan and Russia.

Depreciation of tenge contributes to de-dollarization of Kazakh-Russian trade: opinion
©Turar Kazangapov
Tenge depreciation not enough to help Kazakh exporters

In spite of a massive depreciation of the Kazakh tenge, further measure need to be taken to help the domestic manufacturers in Kazakhstan.

Tenge depreciation not enough to help Kazakh exporters
©Tengrinews
Russia-Kazakhstan exchange rate policy implications discussed in Astana

Kazakhstan's Prime Minister Karim Massimov described the implications of the Russian ruble's devaluation in fall 2014 for the Kazakh economy.

Russia-Kazakhstan exchange rate policy implications discussed in Astana
Russian ruble falls to 2015 low as stocks plunge
Russian ruble falls to 2015 low as stocks plunge

Russia's battered ruble sank to its lowest point this year as Asian and European stock markets nosedived on concerns over the Chinese economy.

Russian ruble falls to 2015 low as stocks plunge
Photo © Turar Kazangapov
Nazarbayev dispels rumours of tenge devaluation

President Nursultan Nazarbayev has dispelled the rumours about a forthcoming devaluation of the tenge in Kazakhstan.

Nazarbayev dispels rumours of tenge devaluation
©Tengrinews
Sanctions reciprocation and ruble trouble affect Kazakhstan

Kazakhstani political scientist Dosym Satpayev points to the sanctions against Russia and the ruble trouble as having effect on exports and domestic production in Kazakhstan.

Sanctions reciprocation and ruble trouble affect Kazakhstan
Bakytzhan Sagintayev. Photo courtey of ortcom.kz
Kazakhstan officially denies intent to restrict Russian imports

First Deputy Prime Minister of Kazakhstan has officially refuted the reports suggesting that the largest Central Asian economy was intending to ban or limit imports from Russia.

Kazakhstan officially denies intent to restrict Russian imports
Kairat Kelimbetov. Photo courtesy of primeminister.kz
Kazakh Central Bank Governor speaks tenge liquidity and de-dollarization

Governor of the National Bank of Kazakhstan Kairat Kelimbetov speaks about the state of the financial market in Kazakhstan and what the government will do about it.

Kazakh Central Bank Governor speaks tenge liquidity and de-dollarization
Photo courtesy of misionverdad.com
Kazakh President calls to look for new markets for domestic products

President of Kazakhstan Nursultan Nazarbayev has declared it is time for domestic enterprises to search for new markets to sell their products instead of Russia.

Kazakh President calls to look for new markets for domestic products
©hitch.kz
Plan to mitigate devaluation in Kazakhstan presented by Khudaibergenov, Ushbayev

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.

Plan to mitigate devaluation in Kazakhstan presented by Khudaibergenov, Ushbayev
Olzhas Khudaibergenov. Photo courtesy of Olzhas Khudaibergenov
Kazakh expert suggests reintroducing customs border with Russia

A Kazakh expert has suggested reintroducing customs borders with Russia to protect Kazakhstan against the negative dynamics in the Russian economy.

Kazakh expert suggests reintroducing customs border with Russia
Photo courtesy of trust.ua.
National Entrepreneurs Chamber suggests introducing trade barriers in Kazakhstan amid Russian ruble crisis

Strengthening of tenge against Russian ruble negatively affects industrial sectors of Kazakh economy, therefore National Chamber believes it is necessary to introduce trade barriers.

National Entrepreneurs Chamber suggests introducing trade barriers in Kazakhstan amid Russian ruble crisis
 Russian ruble. ©REUTERS
Ruble fall creates turbulence for Russian airlines

Their international competitors may be cheering tumbling oil prices, but the collapse in the ruble has meant major financial turbulence for Russian airlines.

Ruble fall creates turbulence for Russian airlines
Russian ruble. ©REUTERS
Expats eyeing the exits after Russian ruble plunges

The plunge of the ruble hasn't left only Russians shell shocked -- foreign workers from traders to maids are considering bailing outю

Expats eyeing the exits after Russian ruble plunges
Russian ruble. ©REUTERS
Russia pressures exporters to prop up ruble

The Russian government has ordered state-controlled exporters to sell part of their foreign currency holdings.

Russia pressures exporters to prop up ruble
Photo © RIA Novosti
Kazakh National Fund grows despite drop in oil prices: Minister of Finance

Despite the drop in oil prices, Kazakhstan’s National Fund continues to grow.

Kazakh National Fund grows despite drop in oil prices: Minister of Finance
Nursultan Nazarbayev ©Turar Kazangapov
Kazakhstan monitoring fallout of anti-Russian sanctions: Nazarbayev

Kazakh President Nazarbayev says anti-Russian sanctions do not directly affect Kazakhstan's economy, but all the additional developments are closely monitored.

Kazakhstan monitoring fallout of anti-Russian sanctions: Nazarbayev
Ruble rallies in early trading on day of Putin press conference
Ruble rallies in early trading on day of Putin press conference

The ruble rallied in early trading ahead of President Vladimir Putin's eagerly-awaited annual press-conference.

Ruble rallies in early trading on day of Putin press conference