Kazakhstan's car industry supports devaluation of tenge

The President of the Association of Kazakhstan's Auto Business, President of the AllurGroup Andrey Lavrentyev, has said today that the floating exchange rate of the tenge will increase Kazakhstan's automobile exports.

"We support the exchange rate correction. The current situation has established a disparity due to the devaluation of the Russian ruble. Now we are starting to increase our capacity within exports. The leveling of the rate will allow us to coordinate our work," he explained.