site.news_by_theme Tenge

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 February 2015
Tengrinews file photo Kazakh banks experiencing tenge shortages Experts talk about the deficit of tenge experienced by commercial banks in Kazakhstan.
04 February 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 January 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 January 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 January 2015
Photo courtesy of senateshj.com.au Key events in Kazakhstan 2014: Overview Overview of 2014 and the key events in Kazakhstan.
06 January 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 December 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 December 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 December 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 December 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 December 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 December 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 November 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 November 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 November 2014
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”.
10 November 2014
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.
22 October 2014
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.
21 October 2014
©REUTERS Oil prices and currency rates approach alarming levels for Kazakhstan Financial analyst Anna Kokoreva explains how the oil prices pressure Kazakhstan's economy.
15 October 2014
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