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.
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.
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.
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.
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
Russia pressures exporters to prop up ruble
The Russian government has ordered state-controlled exporters to sell part of their foreign currency holdings.
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.
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.
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.
Apple halts Russia online sales as ruble tumbles
Apple said it had halted online sales of iPhones, iPads and computers in Russia as the ruble's plunge made it difficult for sellers of imported goods to fix local prices.
Russia grapples with shock ruble fall
The Russian currency crashed to unprecedented lows trading at 80 rubles to the dollar and 100 to the euro.
Russia-Kazakhstan trade affected by Russian economic slowdown
Experts say stagnation in the Russian economy has had its effect on the Kazakh-Russian trade turnover.
German Foreign Minisiter calls Kazakhstan Central Asian 'anchor of stability'
German Foreign Affairs Minister Steinmeier has called Kazakhstan an 'anchor of stability' in Central Asia but expressed worries that geopolitical situation in the region might affect economic cooperation between the two countries.
Russian central bank ready to step in to stop ruble panic
Russia's central bank said it was ready to step in to protect the crashing ruble, after the currency was hammered by a day of panic selling.
Sliding Ruble hurts Kazakhstan's exports to Russia
The continuing fall of the ruble exchange rate against dollar is taking its toll on the exports Kazakhstan is supplying to Russia.
Oil prices and currency rates approach alarming levels for Kazakhstan
Financial analyst Anna Kokoreva explains how the oil prices pressure Kazakhstan's economy.
Russia's ruble hits new record low as oil price adds pressure
Russia's ruble slumped to new all-time lows against the euro and dollar despite the central bank spending billions to defend the currency.
Kazakhstan to toughen monetary policies should pressure on Russian ruble persist
Rising inflation rate in Russia may force the National Bank of Kazakhstan to toughen its policies.
Almaty commuters pay broken keys for bus fare
Cunning commuters would use anything but money to pay for a bus fare in Almaty.
China seeks world role for 'people's money'
With deals from London to Singapore, China is seeking a greater role for its yuan currency in global markets to challenge the hegemony of the almighty dollar.