News about Tenge
Kazakhstan to introduce ban on purchase of real estate and vehicles for cash: Central Bank Governor
These transactions should be made through a bank account so that the National Bank and tax authorities could see the payments, he elaborated.
12 February 2015 14:36
Tenge-denominated loans to be available soon: Kazakh Central Bank Governor
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.
12 February 2015 14:21
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.
12 February 2015 13:16
No sharp changes of the tenge exchange rate: Central Bank Governor
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.
11 February 2015 15:33
Deposits denominated in foreign currencies 72% up in Kazakhstan
Kazakhstan’s banks assets grew by 17.9% in 2014, reaching $98 billion, according to the Central Bank.
05 February 2015 13:28
Kazakh banks experiencing tenge shortages
Experts talk about the deficit of tenge experienced by commercial banks in Kazakhstan.
04 February 2015 20:37
It will take 5-6 years for Kazakhstanis to stop quoting domestic prices in the US Dollar
Olzhas Khudaibergenov, Director of the Center for Macroeconomic Research, outlined measures to reduce the currently excessive dollarization of the country’s economy.
29 January 2015 12:41
Kazakh National Bank Governor reiterates tenge stability
Kairat Kelimbetov reassures the population of Kazakhstan of the stability of the tenge.
24 January 2015 13:57
Kazakhstan’s Central Bank Governor on tenge prospects
According 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.
16 January 2015 10:02
Key events in Kazakhstan 2014: Overview
Overview of 2014 and the key events in Kazakhstan.
06 January 2015 16:48
Kazakhstan considers de-dollarizing its economy
Kazakh economist Olzhas Khudaibergenov analyzes the joint statement of the Government and the National Bank of Kazakhstan and comments on their intention to de-dollarize the Kazakh economy.
29 December 2014 13:23
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.
22 December 2014 18:13
Central Bank of Kazakhstan issues new 1000 bill
The Central Bank of Kazakhstan has issued a new 1000 tenge bill.
16 December 2014 03:07
Kazakhstan and China sign agreement on settlements in national currencies
Earlier Kazakhstan’s Central Bank Governor Kairat Kelimbetov reported that the country’s Central Bank was drafting an agreement with China’s Central Bank on currency swap of 7 billion renminbi.
15 December 2014 07:57
Tenge devaluation cannot be ruled out in Kazakhstan: expert
Analyst of Alpari company believes the National Bank of Kazakhstan is maintaining the tenge exchange rate at this point, but certain conditions might require devaluing in the future.
10 December 2014 00:11
Russian official says dollar, euro could be banned in Eurasian Union; Kazakh National Chamber of Entrepreneurs responds
Kazakh officials have responded to the remakrs of the chairman of the board of directors of Russia’s National Payment Council, who said that the EEU could see a ban on interstate transactions in dollars and euros.
03 December 2014 18:34
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.
29 November 2014 14:57
Kazakhstan’s PM on efforts to overcome excessive dollarization
Earlier Tengrinews.kz reported that hat the Central Bank in partnership with the Government intended to come up with a plan to reduce dollarization of the Kazakhstan’s economy.
26 November 2014 01:34
Money from National Fund to help out Kazakh economy
Experts talk about tasks set by Nazarbayev in his State-of-the-Nation Address and allocation of additional $3bln in the next three years.
17 November 2014 11:43
