site.news_by_theme US dollar
Deputy Chairman of the National Bank of Kazakhstan Kuat Kozhakhmetov has commented on the recent interventions of the financial regulator.
These transactions should be made through a bank account so that the National Bank and tax authorities could see the payments, he elaborated.
Kazakhstan is not strongly influenced by the changes in the currency rate of the Russian ruble.
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.
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.
Experts of BTA Analitika are expecting tenge to keep strengthening in 2011.