News about Tenge
Reprinting Kazakhstan's new 20,000-tenge bills requires $16 million
The new bill was supposed to be issued November 15 to celebrate the 20th anniversary of the tenge.
15 November 2013
Tenge bills more beautiful than new $100 banknotes
The new American $100 bill not as beautiful as Kazakhstan's tenge notes. Kazakhstan currency is "like the Meryl Streep of international bank notes": The Atlantic.
18 October 2013
Kazakhstan Central Bank Governor Gregory Marchenko meets Zhou Xiaochuan, People's Bank of China Governor
One of the items on the agenda was mutual settlements in the Tenge, Kazakhstan’s currency, and the renminbi.
30 September 2013
Kazakhstan’s future is closely linked to Russia and China: Kazakhstan’s Central Bank Governor
These countries’ currencies are to play a greater role in Kazakhstan’s foreign trade as compared to the role of the US Dollar, he believes.
18 September 2013
Kazakhstan National Bank starts pegging tenge to fx basket
The currency basket is introduced for changing the operational direction in the currency exchange policy: Marchenko.
02 September 2013
Central Bank Governor Marchenko on the rumors of currency devaluation
The spring time was quiet, with no such rumors around. Perhaps people have got bored. Unfortunately, in our country such rumors is a way to entertain oneself: Gregory Marchenko.
02 August 2013
Kazakhstan’s Central Bank Governor on plans to issue a 20-thousand-tenge note
The issue has nothing to do with devaluation. The new note is being issued to celebrate the 20th anniversary of the Tenge, Kazakhstan’s national currency: Gregory Marchenko.
26 July 2013
Kazakhstan’s Central Bank seeks to maintain inflation within 6-8%
Despite the lingering uncertainty of the global economy, Kazakhstan’s economy has been stable, with the GDP growing 5.1% in the H1 2013. The annual inflation stands at 5.9%: Economy Minister.
25 July 2013
Kazakhstan’s Central Bank on rumors of the Tenge devaluation
For the recent 4.5 years there have been rumors of devaluation more than 15 times: Central Bank Governor Gregory Marchenko.
25 July 2013
Kazakhstan residents prefer loans in tenge
According to the National Bank, of Kazakhstan the share of the loans issued in tenge exceeded 68 percent and made over 6.4 trillion tenge ($42 billion) as of September.
02 October 2012
Central Bank Governor on the tenge and growing demand for the US Dollar
Late May the global oil price fell from $120 to $93 per barrel, which entailed weakening of the Russian rouble. Speculations were sparked that Kazakhstan would follow Russia’s example.
08 August 2012
Kazakhstan to shortly ban Ponzi schemes
The country’s General Prosecutor’s Office is drafting amendments [before September 2012] into the national legislation to introduce liability for those starting or running Ponzi schemes.
25 July 2012
National Bank’s Vice Governor assures the tenge will remain stable for years to come
According to him, “for the recent year the nation’s exports potential has grown 40%”.
12 June 2012
Kazakhstan Tenge will not be devalued: expert
An expert of Kazakhstan Ministry of Economic Development Madiyar Kenzhebulat said that 166 tenge per 1 dollar would be “the worst scenario” for Kazakhstan currency.
11 June 2012
Volatility of the Russian rouble is not reflected on the Kazakh tenge
Besides, Kazakhstan may do pretty well with the oil prices standing in the range of $95-100 per barrel: Central Bank Governor.
07 June 2012
Central Bank Governor on the Tenge strengthening
The external conditions for Kazakhstan, a commodity exporter, are extremely favorable: Gregory Marchenko.
07 March 2012
Kazakhstan capable of maintaining stability of the national currency: Central Bank Head
According to him, Kazakhstan’s exporters are in a better position than their Russian counterparts.
22 September 2011
Is the tenge stable?
Half of Kazakhstanis believe the national currency is stable.
17 August 2011
Given the oil prices, Kazakh economy has substantial strength reserve: Samruk Kazyna official
As a patriot of the national currency, I believe the Kazakh tenge is very stable. All the fundamentals of the national economy are well-balanced today: Vice Chairman of the Board at Samruk-Kazyna Sovereign Wealth Fund.
16 August 2011
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