site.news_by_theme Tenge

Photo courtesy of lsm.kz Tenge exchange rate adjustment possible if oil prices go below $50: Kazakh central bank governor Kelimbetov Governor of the National Bank of Kazakhstan Kairat Kelimbetov said that a devaluation of the tenge is possible if oil prices fall below $50 per barrel.
13 февраля 2015
Kazakhstan to introduce ban on purchase of real estate and vehicles for cash: Central Bank Governor These transactions should be made through a bank account so that the National Bank and tax authorities could see the payments, he elaborated.
12 февраля 2015
Tenge-denominated loans to be available soon: Kazakh Central Bank Governor It was a natural response of the banks (…) they had been expecting a drastic currency devaluation and they insured against currency-related risks, he elaborated.
12 февраля 2015
©hitch.kz Plan to mitigate devaluation in Kazakhstan presented by Khudaibergenov, Ushbayev With the coming of February Kazakhstan's population and businesses were holding their breaths waiting for the National Bank's next move on the tenge. Is devaluation inevitable and how bad can it be? Kazakhstani experts Olzhas Khudaiberganov and Anuar Ushbayev say they have a plan.
12 февраля 2015
Turar Kazangapov © No sharp changes of the tenge exchange rate: Central Bank Governor Should there be some changes in the external markets, we will prevent a shocking currency devaluation and will be working to ensure a gradual change of the tenge exchange rate: Kairat Kelimbetov.
11 февраля 2015
Tengrinews.kz © Deposits denominated in foreign currencies 72% up in Kazakhstan Kazakhstan’s banks assets grew by 17.9% in 2014, reaching $98 billion, according to the Central Bank.
05 февраля 2015
Tengrinews file photo Kazakh banks experiencing tenge shortages Experts talk about the deficit of tenge experienced by commercial banks in Kazakhstan.
04 февраля 2015
Olzhas Khudaibergenov, Director of the Center for Macroeconomic Research It will take 5-6 years for Kazakhstanis to stop quoting domestic prices in the US Dollar Olzhas Khudaibergenov, Director of the Center for Macroeconomic Research, outlined measures to reduce the currently excessive dollarization of the country’s economy.
29 января 2015
Kairat Kelimbetov ©pm.kz Kazakh National Bank Governor reiterates tenge stability Kairat Kelimbetov reassures the population of Kazakhstan of the stability of the tenge.
24 января 2015
Kairat Kelimbetov. Photo courtesy of ortcom.kz Kazakhstan’s Central Bank Governor on tenge prospects According to him, back in 2014 the country’ economy accumulated certain margin of safety. The country’s gold and FX reserves reached $102 billion, including $73 billion with the National Oil Fund.
16 января 2015
Photo courtesy of senateshj.com.au Key events in Kazakhstan 2014: Overview Overview of 2014 and the key events in Kazakhstan.
06 января 2015
Photo courtesy of mixednews.ru Kazakhstan considers de-dollarizing its economy Kazakh economist Olzhas Khudaibergenov analyzes the joint statement of the Government and the National Bank of Kazakhstan and comments on their intention to de-dollarize the Kazakh economy.
29 декабря 2014
Photo © RIA Novosti Kazakh National Fund grows despite drop in oil prices: Minister of Finance Despite the drop in oil prices, Kazakhstan’s National Fund continues to grow.
22 декабря 2014
New 1000 tenge bill. Photo © the Central Bank Central Bank of Kazakhstan issues new 1000 bill The Central Bank of Kazakhstan has issued a new 1000 tenge bill.
16 декабря 2014
Photo courtesy of Bloomberg.com Kazakhstan and China sign agreement on settlements in national currencies Earlier Kazakhstan’s Central Bank Governor Kairat Kelimbetov reported that the country’s Central Bank was drafting an agreement with China’s Central Bank on currency swap of 7 billion renminbi.
15 декабря 2014
©hitch.kz Tenge devaluation cannot be ruled out in Kazakhstan: expert Analyst of Alpari company believes the National Bank of Kazakhstan is maintaining the tenge exchange rate at this point, but certain conditions might require devaluing in the future.
10 декабря 2014
Photo courtesy of cont.ws Russian official says dollar, euro could be banned in Eurasian Union; Kazakh National Chamber of Entrepreneurs responds Kazakh officials have responded to the remakrs of the chairman of the board of directors of Russia’s National Payment Council, who said that the EEU could see a ban on interstate transactions in dollars and euros.
03 декабря 2014
Photo courtesy of m-astana.kz Russia-Kazakhstan trade affected by Russian economic slowdown Experts say stagnation in the Russian economy has had its effect on the Kazakh-Russian trade turnover.
29 ноября 2014
Kazakhstan’s PM on efforts to overcome excessive dollarization Earlier Tengrinews.kz reported that hat the Central Bank in partnership with the Government intended to come up with a plan to reduce dollarization of the Kazakhstan’s economy.
26 ноября 2014
©REUTERS Money from National Fund to help out Kazakh economy Experts talk about tasks set by Nazarbayev in his State-of-the-Nation Address and allocation of additional $3bln in the next three years.
17 ноября 2014

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