site.news_by_theme Tenge

Kazakhstan tenge plunged to its record low after the country floated it, renouncing the set corridor and adopting inflation targeting.

• 21 августа 2015, 17:27

President of Kazakhstan instructed the National Bank to initiate a mechanism of compensation for private fixed-term deposits in tenge.

• 21 августа 2015, 15:24

August 20 the country’s Central Bank renounced its policy of the set currency band, letting the national currency float freely.

• 21 августа 2015, 11:41

From August 20 the National Bank and the Government have decided to implement a new monetary policy based on inflation targeting and to renounce the earlier practiced currency corridor.

• 20 августа 2015, 15:10

Inflation targeting is another type of monetary policy that rests on the inflation rate in the mid run, rather than on the currency exchange rate: Kairat Kelimbetov.

• 20 августа 2015, 11:56

People in Kazakhstan wonder about the meaning of August 19 spike in tenge-dollar exchange rate, while the National Bank keeps silent.

• 20 августа 2015, 01:29

Kazakhstani banks raise dollar-tenge exchange rate. People fear another devaluation of the currency. The Kazakh National Bank is silent.

• 19 августа 2015, 16:50

Chairman of the Board of of Kazkommertsbank said that issuing and obtaining loans in dollars in Kazakhstan was dangerous.

• 27 июля 2015, 19:07

Experts comment on the latest expansion of the tenge to dollar exchange rate pegged corridor in Kazakhstan.

• 16 июля 2015, 21:24

Kazakhstan’s central bank has expanded the tenge to US dollar exchange rate corridor.

• 15 июля 2015, 21:42

Earlier President Nazarbayev declared that no devaluation of the tenge would happen right after the presidential elections, as it had been predicted earlier by some analysts.

• 03 июня 2015, 13:12

President Nursultan Nazarbayev has dispelled the rumours about a forthcoming devaluation of the tenge in Kazakhstan.

• 29 апреля 2015, 01:52

Kazakhstan has once again ruled out the possibility of adopting a single currency for the Eurasian Economic Union (EEU), despite the propositions of the President of Russia Vladimir Putin.

• 28 апреля 2015, 00:48

Experts share their views on the possible implications of devaluation of the tenge for Kazakhstani banks.

• 24 марта 2015, 02:40

Kazakhstanis are now increasingly relying on services of microfinance organisations due to the shortage of tenge in banks.

• 21 марта 2015, 17:00

Chairman of one of Kazakhstani banks says that the tenge deficit in Kazakhstan is created artificially.

• 07 марта 2015, 13:14

The plan for 2015-2016 was developed concertedly with the Government and seeks to ensure macroeconomic stability, develop cashless payments, reducing the shadow economy, and prioritize the national currency over foreign currencies.

• 04 марта 2015, 16:23

Kazakh National Wealth Fund Samruk-Kazyna has ordered its subsidiaries to avoid making unnecessary foreign currency transactions to reduce pressure on the tenge exchange rate in Kazakhstan.

• 25 февраля 2015, 19:57

Governor of the National Bank of Kazakhstan Kairat Kelimbetov speaks about the state of the financial market in Kazakhstan and what the government will do about it.

• 15 февраля 2015, 12:28

President of Kazakhstan Nursultan Nazarbayev has urged Kazakhstan's state companies to sell dollars and buy the tenge.

• 13 февраля 2015, 01:41