Kazakh banks

Banks of Kazakhstan to be allowed to export rubles

Banks of Kazakhstan to be allowed to export rubles

Kazakh banks will be able to export Russian rubles again. The restriction on the export of the currency of a neighboring state until the end of this year can be lifted in early summer.

Nazarbayev: we maintain floating exchange rate policy

Nazarbayev: we maintain floating exchange rate policy

Kazakhstan will not give up on tenge free-floating system, Kazakh President Nursultan Nazarbayev said. "Firstly, it is necessary to ensure the effective functioning of the financial sector under a floating exchange rate of tenge. …