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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

In Kazakhstan salaries depend on labor productivity, not on dollar exchange rate: Minister of Finance Kazakh Minister of Finance Bakhyt Sultanov said that salaries of Kazakhstanis should not depend on tenge per dollar exchange rate.

18 September 2015

Kazakh central bank intervenes in FX market to stabilize tenge The National Bank of Kazakhstan has made exchange rate interventions to stabilize the tenge.

17 September 2015

Olzhas Khudaibergenov on currency interventions Wednesday, September 16, the country’s Central Bank had to resort to currency interventions worth $114 million to sustain the tenge exchange rate.

17 September 2015

Kazakhstani designer Kamila Kurbani releases tenge sweatshirts Kazakhstani designer Kamila Kurbani has released a new collection of sweatshirts with tenge prints.

08 September 2015

Seven steps advised to Kazakhstan government after devaluation of national currency National Fund for Development of Financial Services presented a seven-step plan for Kazakh government to implement amid tenge depreciation.

08 September 2015

Devaluation necessary for restoration of Kazakh currency market: Bolat Zhamishev Chairman of the Development Bank of Kazakhstan Bolat Zhamishev about devaluation of the Kazakh tenge and outlook of Kazakhstan's economy.

08 September 2015

Teachers to get 50% salary raise in 2016: Kazakhstan Minister of Education and Science Teachers’ salaries will be increased by 20-50% depending on the qualifications.

08 September 2015

Petrol follows tenge in free float: Kazakhstan government stops regulating prices After the announcement that Kazakhstan governoment was stopping price regulation for petrol, prices spiked throughout Kazakhstan.

05 September 2015

Kazakhstan to stop regulating prices for petrol There should be a flexible pricing model given the ongoing volatility at the FX market: Vice PM Sagintayev.

04 September 2015

Capital outflow to neighboring Russia totaled $11 billion in 2014 due to efforts to maintain tenge exchange rate The part of the country’s FX and gold reserves spent earlier to maintain the tenge exchange rate [before the decision was taken August 20 to let the tenge float freely] was actually spent to bolster Russia’s economy: Halyk Bank Head.

03 September 2015

How new monetary policy will affect country’s banking system Under such circumstances minor players of the market might opt for merging into bigger entities: Mr. Olzhas Khudaibergenov, Head of the Center for Macroeconomic Studies.

03 September 2015

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