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.
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 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.
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.
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.
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.
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.
Astana residents stocking up on dollars 'just in case'
Astana residents have been forming queues near currency exchange officer on Thursday.
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.
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.
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.
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.
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.
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.
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.
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.
Central Bank Governor on possible second wave of currency devaluation
Last week following a slight change in the tenge exchange rate against the US Dollar Kazakhstan’s citizens started to massively purchase US Dollars.
Kazakhstan's economy benefits from devaluation: Kelimbetov
National Bank Chairman Kairat Kelimbetov declared that the economy of Kazakhstan responded positively to the recent 20% devaluation of the Tenge.
Kazakhstan 1000 tenge banknote named best in the world
Kazakhstan banknote of 1000 tenge has been acknowledged The Banknote of the Year by the International Banknote Society (IBNS).
Almaty commuters pay broken keys for bus fare
Cunning commuters would use anything but money to pay for a bus fare in Almaty.