Kazakhstan launches digital tenge project
Kazakhstan's National Bank has launched the digital tenge project, the bank's press service reported. The …
National Bank of Kazakhstan
National Bank of Kazakhstan lowers base rate once again
The National Bank of Kazakhstan on Friday lowered its interest rate to 16% from 16.5%. "The Kazakh National Bank Monetary …
Kazakhstan to sell online investment and collectible coins
In Kazakhstan, in 2021, a phased transition to online sales of investment and collectible coins from precious and base metals begins. The National Bank explained this step by a desire to protect citizens from coronavirus infection. At …
Kazakhstan’s National Bank to be relocated to Nur-Sultan in spring
Kazakhstan’s National Bank will be relocated to Nur-Sultan next spring, chairman of the National Bank Erbolat Dosayev said. "The National Bank, as the premises are ready, will move first on a rental …
Kazakh National Bank's head promises to keep free floating rate of tenge
National Bank of Kazakhstan will continue to adhere to the regime of free floating exchange rate, the National Bank's new chairman Yerbolat Dossayev said at a government meeting. "The volume of net …
Almost 5,000 citizens of Kazakhstan to get apartment under 7-20-25 program
As of January 20, as many as 4,997 applications for mortgage loans totaling 57.4 billion tenge were approved since the launch of the 7-20-25 mortgage program, the National Bank of Kazakhstan said in a statement. According to the …
Kazakh National Bank improves 2019 economy growth forecast
The National Bank of Kazakhstan forecasts the country's economic growth of 2.7% in 2019. (2.6% in the previous forecast round), in the first half of 2020 – 2.7%. The main driver of economic growth will be the growth …
National Bank of Kazakhstan raises key interest rate to 9.25%
The country's international reserves reached $ 86.4 billion.
Kazakhstan's National Bank conducts currency intervention
Kazakhstan’s National Bank decided to conduct currency interventions to prevent the strengthening of devaluation expectations and stabilize the domestic foreign exchange market. The press service of the bank said that in the …
Kazakh National Bank suspends Bank of Astana’s license
Kazakhstan's National Bank suspended the license of Bank of Astana JSC for accepting individual deposits and opening individual bank accounts, the National Bank says in a press release. The restrictions will continue being …
Kazakh National bank reduces base rate
The National Bank of Kazakhstan decided to reduce the base rate from 9.75% to 9.5% with a +/- 1% corridor, the press-service of the financial controller said in a message . The report says that annual inflation continues to …
Kazakh National Bank predicts tenge strengthening
There are no prerequisites at the moment for any significant fluctuations in the Tenge exchange rate, the Kazakh National Bank Chairman Daniyar Akishev said. Kazakhstan’s National Bank noted a high probability of …
National Bank of Kazakhstan needs to be given more powers, Nazarbayev says
President of Kazakhstan Nursultan Nazarbayev called for the expansion of powers of the National Bank. "Time has shown that the National Bank as a regulator needs to work in a preventive regime," he said, speaking at a joint …
National Bank of Kazakhstan lowers base rate by 2%
Kazakhstan’s central bank cut its key interest rate for the first time since introducing it last year as policy makers look to curtail gains in the tenge and turn their focus to helping the economy at risk of its first contraction since …
National Bank of Kazakhstan increases key interest rate
Kazakhstan's National Bank has raised its key rate by one percentage point to 17%. Operations of constant access with a symmetric interest rate corridor of plus or minus two percentage points were also resumed. …
National Bank of Kazakhstan contemplates variants of oil prices reduction at $20 per barrel
The National Bank of Kazakhstan is contemplating various options for dealing with the fall in oil prices up to $20 per barrel, the head of the National Bank of Kazakhstan Daniyar Akishev said in an interview for RBC. …
EAEU countries are not creating common currency, National Bank of Kazakhstan reports
The head of the National Bank of Kazakhstan, Daniyar Akishev, denied information about work on the common currency of EAEU. "For us, 2015 is the first year of operation of the Eurasian Economic Union. And the …
National Bank of Kazakhstan expects to reduce inflation in 2016
The National Bank of Kazakhstan expects to reduce inflation rate to 8% from 12% in the next year. "Despite the fact that in 2016 inflation will remain at a high level, we expect that in the fourth quarter of next year a significant …
Two vice chairmen of Kazakh National Bank replaced
The President of Kazakhstan, Nursultan Nazarbayev, has appointed two new vice chairmen of the National Bank of Kazakhstan. Alpysbay Akhmetov and Galymzhan Pirmatov were appointed the …
Nazarbayev asks to reduce inflation to 4%
Kazakh President Nursultan Nazarbayev instructed the National Bank of the Republic to reduce mid-term inflation to 4% per year. "Within the framework of inflation targeting, the National Bank should reduce the …
