site.news_by_theme Tenge

Merely a relatively stable exchange rate is highly rewarding for holders of KZT because of the very high interest rate in Kazakhstan relative to the US dollar: John Hardy.

• 05 апреля 2016, 16:09

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

• 22 января 2016, 16:54

In efforts to contain inflation and de-dollarize the economy, National Bank of Kazakhstan raises interest rates on deposits in tenge.

• 21 января 2016, 18:19

The Governor of the National Bank of Kazakhstan Daniyar Akishev commented on the plan to de-dollarize the Kazakh economy.

• 20 января 2016, 17:53

Statistics Committee of the Ministry of National Economy of Kazakhstan released official inflation rate data: 13.6% in 2015 in Kazakhstan.

• 05 января 2016, 18:11

Kazakh National Bank Governor Akishev talks about mechanisms behind depreciation of the tenge and central bank’s role in shaping Kazakhstan

• 28 декабря 2015, 19:46

Inflation in Kazakhstan reached 12.8% in the end of November. National Bank's Akishev names tenge depreciation the main driver.

• 28 декабря 2015, 16:46

Russia is considering a common unit of account and currency for the EEU, while Kazakhstan is not eager to move forward with this project.

• 25 ноября 2015, 13:30

Experts believe, the financial sector of Kazakhstan has not reached a complete freedom from pegging to the US dollar.

• 24 ноября 2015, 20:51

Minister of National Economy Yerbolat Dossayev announced the increase of inflation corridor from 6-8 percent to 8-10 percent for 2015.

• 23 ноября 2015, 15:03

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

• 23 ноября 2015, 14:34

According to experts, appointment of Daniyar Ashirov as New Governor plunged the national currency into the feared 300 KZT to $1 zone.

• 18 ноября 2015, 17:59

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 ноября 2015, 15:36

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

• 17 ноября 2015, 14:01

According to him, the national currency is just feeling the pressure of falling prices for hydrocarbons, which is natural.

• 17 ноября 2015, 11:51

According to Kazakhstani financial analyst Baitas Kurmanov, Kazakh tenge exchange rate has finally stabilized.

• 16 ноября 2015, 13:27

National Bank of Kazakhstan released data on Kazakh tenge real exchange rate against the currencies of Kazakhstan's major trade partners.

• 13 ноября 2015, 17:19

According to German Deutsche Welle, sharp tenge depreciation caused some foreign workers, who came to Kazakhstan for better prospects, to consider going back home.

• 13 ноября 2015, 16:54

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

• 12 ноября 2015, 18:43

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 ноября 2015, 21:18