35 people fined after anti-devaluation protests in Almaty
35 people were arrested during 2 days of protests in Almaty city. All of them got fined, except for one man who will spend 10 days in jail.
Anti-devaluation protest in Almaty
Initially around 50 people gathered in front of the Republic Palace in Almaty. As time went by the number was nearing 200 people.
Possible inflation risks: National Bank
In view of the devaluation of the national currency - the tenge, the central bank of Kazakhstan believes that escalation of inflation is quite possible.
Tenge devaluation must not affect Kazakhstan people negatively: Nazarbayev
The tenge devaluation must not have any negative effect on the people of Kazakhstan, and no manipulation of prices or speculations shall be allowed: Nazarbayev
Mining companies applaud tenge devaluation in Kazakhstan
The Association of Mining and Metallurgical Enterprises is supportive of the tenge devaluation.
Devaluation may create demand for 20,000 tenge bills in Kazakhstan
The climbing of dollar exchange rate might create a demand for the long awaited release of 20,000 tenge bills in Kazakhstan.
Dedollarization of Kazakh mentality: Governor of National Bank
The National Bank and Government of Kazakhstan are going to press on to dedollarize the economy and discourage Kazakhstanis from relying on the US dollar.
Kazakhstan’s Oil and Gas Minister on Kashagan and 20% currency devaluation
Kashagan couldn’t have any influence on revenues that the Government had been planning to gain from crude sales in 2014: Uzakbai Karabalin.
Devaluation in Kazakhstan: How black was Black Tuesday?
Kazakhstan's central bank released the tenge into a 'managed free float ín February 2011 and this has brought Kazakhstani depositors to loosing 20% of their savings in dollar equivalent.
10% hike: Air Astana on prices for air tickets
The 20% currency devaluation will have an impact on the company’s financial performance as 70% of sales are in the national currency, with 65% of expenses being in US Dollars: Erbol Ospanov.
Kazakhstan’s Central Bank Governor calls commoners to count their blessings
I believe Kazakhstanis appreciate the policy pursued by the country’s authorities: many Kazakhstanis got a job, many have started their own businesses; it’s just the start of the way: Kairat Kelimbetov.
Kazakhstan’s Central Bank Governor on immediacy of the decision to devalue the national currency by 20%
Starting from February 11, 2014 Kazakhstan’s Central Bank decided to stop supporting the tenge exchange rate, decrease currency interventions and stop interference with shaping the tenge exchange rate.
Kazakhstan’s Central Bank Governor glad over his growing publicity in the wake of the 20% currency devaluation
My popularity ratings in my own family had never been so high: Kairat Kelimbetov.
Tenge meltdown disrupts e-Gov and online shopping in Kazakhstan
Today's devaluation of tenge in Kazakhstan has affected the work of the e-government website eGov.kz.
Mayor of Almaty orders to keep prices down
The Akim (Mayor) of Almaty Akhmetzhan Yesimov has instructed the city authorities to keep prices down amid the devaluation of tenge.
Dollar explodes in Kazakhstan: 200 tenge per dollar
Kazakhstan banks are setting their exchange rates ski-high, selling one dollar for more than 200 tenge.
20% hike: Big stores in Kazakhstan change prices amid tenge devaluation
Big stores in Kazakhstan are increasing their prices amid the devaluation of tenge.
The new tenge exchange rate is beneficial to the country’s economy: Kazakhstan’s Central Bank Governor
The spread in currency exchange transactions should be no more than 2 tenge per each sold or bought US Dollar, Kairat Kelimbetov said.
I only learned about tenge devaluation last night: Central Bank Governor
There can’t have been any leaks as we only made the decision yesterday after the Stock Exchange trades were over: Kairat Kelimbetov.
Currency devaluation in Kazakhstan
The new exchange rate is expected at 185 tenge for 1USD (up from 155 tenge for 1 USD).
