site.news_by_theme Tenge

©Tengrinews Causes of tenge-dollar exchange rate spike unclear People in Kazakhstan wonder about the meaning of August 19 spike in tenge-dollar exchange rate, while the National Bank keeps silent.
20 August 2015
©REUTERS New devaluation in Kazakhstan? Kazakhstani banks raise dollar-tenge exchange rate. People fear another devaluation of the currency. The Kazakh National Bank is silent.
19 August 2015
Photo courtesy of alphacoders.com Loans in dollars are dangerous: head of Kazkom Chairman of the Board of of Kazkommertsbank said that issuing and obtaining loans in dollars in Kazakhstan was dangerous.
27 July 2015
©Yaroslav Radlovsky Experts comment on Kazakh National Bank expanding tenge-dollar pegged corridor Experts comment on the latest expansion of the tenge to dollar exchange rate pegged corridor in Kazakhstan.
16 July 2015
Central Bank Governor Kairat Kelimbetov. Photo courtesy of ortcom.kz. Kazakhstan expands tenge to US dollar exchange rate corridor Kazakhstan’s central bank has expanded the tenge to US dollar exchange rate corridor.
15 July 2015
Turar Kazangapov © No drastic changes of the tenge exchange rate: Central Bank Governor 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 June 2015
Photo © Turar Kazangapov Nazarbayev dispels rumours of tenge devaluation President Nursultan Nazarbayev has dispelled the rumours about a forthcoming devaluation of the tenge in Kazakhstan.
29 April 2015
Photo © Turar Kazangapov Kazakhstan rules out possibility of single EEU currency 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 April 2015
©Tengrinews Kazakh banks may benefit from tenge devaluation: experts Experts share their views on the possible implications of devaluation of the tenge for Kazakhstani banks.
24 March 2015
©Tengrinews Kazakhs bore into microcredits amid shortage of tenge in banks Kazakhstanis are now increasingly relying on services of microfinance organisations due to the shortage of tenge in banks.
21 March 2015
©Yaroslav Radlovsky Head of Kazakh bank tags tenge deficit artificial Chairman of one of Kazakhstani banks says that the tenge deficit in Kazakhstan is created artificially.
07 March 2015
Photo courtesy of oilnews.kz Kazakhstan’s Central Bank comes up with plan to reduce economy dollarization 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 March 2015
©Tengrinews illustration Samruk-Kazyna limits forex transactions of its subsidiaries 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 February 2015
Kairat Kelimbetov. Photo courtesy of primeminister.kz Kazakh Central Bank Governor speaks tenge liquidity and de-dollarization 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 February 2015
©Tengrinews illustration Nazarbayev urges state companies to support tenge President of Kazakhstan Nursultan Nazarbayev has urged Kazakhstan's state companies to sell dollars and buy the tenge.
13 February 2015
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 February 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 February 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 February 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 February 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 February 2015
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