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

28 December 2015

Inflation in Kazakhstan nears 13%, central bank admits Inflation in Kazakhstan reached 12.8% in the end of November. National Bank's Akishev names tenge depreciation the main driver.

28 December 2015

Russia moves forward with common currency for EEU despite Kazakhstan's opposition 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 November 2015

Pegging or no pegging: tenge in new monetary policy Experts believe, the financial sector of Kazakhstan has not reached a complete freedom from pegging to the US dollar.

24 November 2015

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

23 November 2015

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

23 November 2015

Depreciation of tenge caused by appointment of National Bank's new Governor? According to experts, appointment of Daniyar Ashirov as New Governor plunged the national currency into the feared 300 KZT to $1 zone.

18 November 2015

Central Bank Governor on tenge prospects 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 November 2015

Tenge depreciation not enough to help Kazakh exporters In spite of a massive depreciation of the Kazakh tenge, further measure need to be taken to help the domestic manufacturers in Kazakhstan.

17 November 2015

President Nazarbayev: the tenge is not facing something extraordinary According to him, the national currency is just feeling the pressure of falling prices for hydrocarbons, which is natural.

17 November 2015

Kazakh tenge's sharp fluctuations period over: opinion According to Kazakhstani financial analyst Baitas Kurmanov, Kazakh tenge exchange rate has finally stabilized.

16 November 2015

Kazakh tenge real exchange rate down by 24.7% in 2015 National Bank of Kazakhstan released data on Kazakh tenge real exchange rate against the currencies of Kazakhstan's major trade partners.

13 November 2015

Kazakhstan no longer attractive for expats because of tenge depreciation: Deutsche Welle 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 November 2015

Russia-Kazakhstan exchange rate policy implications discussed in Astana Kazakhstan's Prime Minister Karim Massimov described the implications of the Russian ruble's devaluation in fall 2014 for the Kazakh economy.

12 November 2015

Kazakhstan’s Central Bank on ongoing depreciation of the tenge 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 November 2015

Kazakhstan’s Central Bank Governor on tenge prospects We believe the current exchange rate of 277 tenge for USD1 reflects the true market value and is the one the country’s economy benefits from: Kairat Kelimbetov.

21 October 2015

Current tenge exchange rate is adequate: Kazakhstan central bank Governor Governor of the National Bank of Kazakhstan Kairat Kelimbetov sees the current tenge exchange rate as adequate under the circumstances.

08 October 2015

Kazakh tenge per US dollar exchange rate forecast In September, the US dollar rate in Kazakhstan will fluctuate in the range of 265-295 tenge per one US dollar, according to Anna Bodrova.

25 September 2015

Why intervene with tenge free float? Deputy Chairman of the National Bank of Kazakhstan Kuat Kozhakhmetov has commented on the recent interventions of the financial regulator.

25 September 2015

Kazakhstan’s Central Bank Governor on interventions into FX market Currency interventions September 16 totaled $144 million. September 17 the figure stood at 270.4 million, falling to 67.2 million September 18.

19 September 2015

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