Kazakh National Bank starts currency interventions
The National Bank of Kazakhstan has begun foreign exchange interventions to stabilize the tenge after the national currency hit historic lows, the regulator said.
Kazakh banks
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
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. …
S&P noted that Kazakh economy affected by number of negative factors
The international rating agency Standard & Poor’s has carried out a review of Banking Industry Country Risk Assessment (BICRA) in Kazakhstan and moved it to group 8.Other countries in group 8 are Azerbaijan, Russia, Hungary, …