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Kuat Kozhakhmetov. Photo coutresy of primeminister.kz
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.

Why intervene with tenge free float?
Kazakhstan to introduce ban on purchase of real estate and vehicles for cash: Central Bank Governor

These transactions should be made through a bank account so that the National Bank and tax authorities could see the payments, he elaborated.

Kazakhstan to introduce ban on purchase of real estate and vehicles for cash: Central Bank Governor
Photo © RIA Novosty
Russian ruble fall has little effect on Kazakhstan economy: IMF

Kazakhstan is not strongly influenced by the changes in the currency rate of the Russian ruble.

Russian ruble fall has little effect on Kazakhstan economy: IMF
Photo © Marat Abilov
Dedollarization of Kazakh mentality: Governor of National Bank

The National Bank and Government of Kazakhstan are going to press on to dedollarize the economy and discourage Kazakhstanis from relying on the US dollar.

Dedollarization of Kazakh mentality: Governor of National Bank
Photo a courtesy of  mln.kz
Devaluation in Kazakhstan: How black was Black Tuesday?

Kazakhstan's central bank released the tenge into a 'managed free float ín February 2011 and this has brought Kazakhstani depositors to loosing 20% of their savings in dollar equivalent.

Devaluation in Kazakhstan: How black was Black Tuesday?
©Yaroslav Radlovskiy
Exchange rate will reach 142-144 tenge for US dollar in 2011

Experts of BTA Analitika are expecting tenge to keep strengthening in 2011.

Exchange rate will reach 142-144 tenge for US dollar in 2011

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