News about Tenge
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 19:01
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 14:35
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 08:22
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 17:34
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 16:53
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 17:03
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 06:10
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 21:28
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 16:42
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 17:16
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 09:15
Central Bank Governor on the Tenge strengthening
The external conditions for Kazakhstan, a commodity exporter, are extremely favorable: Gregory Marchenko.
07 March 2012 11:05
Rumors of currency devaluation born in beauty parlors and taxis: Gregory Marchenko, Governor of the National Bank
According to him, with the current prices for commodities the tenge is posed to strengthen.
12 October 2011 17:30
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 12:29
Is the tenge stable?
Half of Kazakhstanis believe the national currency is stable.
17 August 2011 14:57
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 15:54
Economy Minister Kairat Kelimbetov doesn’t see the Russian rouble in the capacity of the global reserve currency
If we talk of some reserve currency in our region, it should be a basket of the China’s renminbi, the Russia’s rouble and the Kazakh tenge: Kelimbetov.
05 August 2011 01:50
Don’t put all eggs in one basket: National Bank Governor Gregory Marchenko
According to him, it’s advisable to keep 50% of your savings in tenge with the other 50% kept in some other currency chosen at your own discretion.
08 July 2011 16:08
Exchange rate will reach 142-144 tenge for US dollar in 2011
Experts of BTA Analitika are expecting tenge to keep strengthening in 2011.
18 June 2011 15:09
National Bank of Kazakhstan planning currency swap operations with China and Russia
Both the yuan and the ruble are growing more demanded to service external trade: Gregory Marchenko, Head of Kazakhstan’s National Bank.
10 May 2011 15:51
