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Central Bank Governor Kairat Kelimbetov © pm.kz
Central Bank Governor on situations in Russia and Kazakhstan

According to him, “unlike Russia, we enjoy a free access to the international markets (…) the Government has issued sovereign bonds worth $2.5 billion”.

Central Bank Governor on situations in Russia and Kazakhstan
Photo courtesy of strategy2050.kz
Central Bank Governor on why he assured there would be no currency devaluations prior to actual devaluation

Prior to the 20% currency devaluation back in February Mr. Kelimbetov assured the country’s population there were no such expectations.

Central Bank Governor on why he assured there would be no currency devaluations prior to actual devaluation
Central Bank Governor. © Yaroslav Radlovsky
Kazakhstan’s Central Bank Governor on possible currency devaluation

“I believe spreading rumors is the way devaluation expectations are being intensified artificially (…) all those voicing their estimates and forecasts should be aware of their responsibility”, he said.

Kazakhstan’s Central Bank Governor on possible currency devaluation
©REUTERS
Oil prices and currency rates approach alarming levels for Kazakhstan

Financial analyst Anna Kokoreva explains how the oil prices pressure Kazakhstan's economy.

Oil prices and currency rates approach alarming levels for Kazakhstan
Yerbolat Dossayev. Photo courtesy of ortcom.kz
National Economy Minister on possibilities of currency devaluation

According to him, Kazakhstan’s Central Bank and the Government are thinking of preventive measures, trying to understand the prospects of the Russia's national currency.

National Economy Minister on possibilities of currency devaluation
©REUTERS
Kazakhstan people keep $18 billion at home: Central Bank Governor

Accoding to him, massive misleading sms campaigns informing people of alleged bankruptcy of some of Kazakhstan-based banks in the wake of the 20% currency devaluation back in February and waves of rumors about possible devaluation recently have been encouraging people to keep their money at home.

Kazakhstan people keep $18 billion at home: Central Bank Governor
©Yaroslav Radlovsky
Kazakhstan expands Tenge to US Dollar exchange rate corridor

Kazakhstan's National Bank has enlarged the Tenge to US Dollar pegged corridor from 6 tenge to 18 tenge.

Kazakhstan expands Tenge to US Dollar exchange rate corridor
©REUTERS
Devaluation vs revaluation of Tenge: Kazakhstan keeps fingers crossed

Kazakhstan awaits 'a new decision' about the tenge exchange rate, fears a new devaluation and keeps its fingers crossed.

Devaluation vs revaluation of Tenge: Kazakhstan keeps fingers crossed
© Yaroslav Radlovsky
Kazakhstan’s Central Bank Governor on national currency appreciation

The Governor doesn’t rule out the USD exchange rate could further go down to 170 tenge per $1 as compared to the current 183 tenge per $1.

Kazakhstan’s Central Bank Governor on national currency appreciation
©Yaroslav Radlovsky
National Bank able to maintain tenge exchange rate for at least one year: expert

Tengrinews asked several experts about their opinions on the risks related to Kazakhstan's national currency - the tenge.

National Bank able to maintain tenge exchange rate for at least one year: expert
©Yaroslav Radlovsky
Largest bank in Kazakhstan experiencing cash withdrawals increase in wake of recent devaluation rumors

Pressure on Kazkommertsbank’s ATM machines has increased by 15% due to devaluation rumors.

Largest bank in Kazakhstan experiencing cash withdrawals increase in wake of recent devaluation rumors
Long queues for dollars ©Turar Kazangapov
Astana residents stocking up on dollars 'just in case'

Astana residents have been forming queues near currency exchange officer on Thursday.

Astana residents stocking up on dollars 'just in case'
Building of the Prosecutor General of Kazakhstan. © Turar Kazangapov
Kazakhstan Prosecutor General warns devaluation rumors may lead to criminal liability

General Prosecutor's Office of Kazakhstan warned about criminal responsibility for spreading rumors alleging national currency devaluation.

Kazakhstan Prosecutor General warns devaluation rumors may lead to criminal liability
©Yaroslav Radlovsky
National Bank Governor's advisor refutes Kazakh currency devaluation rumors

Adviser to the Governor of the National Bank of Kazakhstan denies the possibility of tenge devaluation.

National Bank Governor's advisor refutes Kazakh currency devaluation rumors
© Tengrinews
Kazakhstan to toughen monetary policies should pressure on Russian ruble persist

Rising inflation rate in Russia may force the National Bank of Kazakhstan to toughen its policies.

Kazakhstan to toughen monetary policies should pressure on Russian ruble persist
©Yaroslav Radlovsky
Rumors of second devaluation in Kazakhstan are speculations: experts

Financial experts have shared their opinions about the possibility of devaluation of the Tenge, Kazakh national currency.

Rumors of second devaluation in Kazakhstan are speculations: experts
Photo courtesy of organizers
If you are short on change take a coin of goodness: available on Almaty bus stops

Posters with coins of goodness have appeared on a number of Almaty bus stops.

If you are short on change take a coin of goodness: available on Almaty bus stops
Kazakhstan banknote with a nominal value of 1000 tenge. Photo courtesy of nationalbank.kz
Error on 1000 Tenge bill in Kazakhstan?

Turkologist, Doctor of Historical Sciences Talgat Zhumaganbetov from Aktobe claims he has found an error on the 1000 Tenge bill.

Error on 1000 Tenge bill in Kazakhstan?
Photo ©REUTERS
No deficit of tenge bills in Kazakhstan: Kelimbetov

Governor of the National Bank of Kazakhstan Kairat Kelimbetov denies rumors about shortages of tenge bills in Kazakhstan.

No deficit of tenge bills in Kazakhstan: Kelimbetov
Photo © Marat Abilov
Eurasian Union to stabilize Tenge: Kazakh minister Idrissov

The new Treaty establishing the Eurasian Economic Union raises concerns about stability of Kazakhstan's national currency, the tenge, among the representatives of foreign diplomatic missions in Astana.

Eurasian Union to stabilize Tenge: Kazakh minister Idrissov