Olzhas Khudaibergenov on currency interventionsWednesday, September 16, the country’s Central Bank had to resort to currency interventions worth $114 million to sustain the tenge exchange rate.
Air Astana raises airline ticket priceKazakhstan’s national airline Air Astana has raised ticket prices on international flights after Kazakhstan floated the tenge.
PM Massimov on how Kazakhstan avoided defaultFrom August 20 the National Bank and the Government have decided to implement a new monetary policy based on inflation targeting and to renounce the earlier practiced currency corridor.
New devaluation in Kazakhstan?Kazakhstani banks raise dollar-tenge exchange rate. People fear another devaluation of the currency. The Kazakh National Bank is silent.