National Bank of Kazakhstan

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Kazakhstan's National Bank raises its key interest rate to 16%

Kazakhstan's National Bank raises its key interest rate to 16%

Today the National Bank of Kazakhstan has decided to support the tenge exchange rate by raising its key rate to 16%. "Given the economic data and the prospects for growth, the National Bank decided to raise its base rate to 16% to …

Chairman of National Bank of Kazakhstan has no plans to resign

Chairman of National Bank of Kazakhstan has no plans to resign

The press service of the National Bank of Kazakhstan didn't confirm information about Kairat Kelimbetov's resignation from the post of the chairman of National Bank. "The National Bank of Kazakhstan is operating in normal mode. The chairman ...

Tenge exchange rate stabilizes

Tenge exchange rate stabilizes

After the National Bank of Kazakhstan held a foreign exchange intervention, the exchange rate of the tenge has stabilized. The official rate of the Kazakh tenge rose to 270.11 per dollar today from 284 in previous trading on September 16. …

Kazakhstan develops plan for supporting economy

Kazakhstan develops plan for supporting economy

Today the government of Kazakhstan adopted a plan of measures by the government of Kazakhstan and the National Bank in the context of shifting to the inflation targeting, the press service of the republic’s Prime Minister reported. …

Kazakhstan expands currency corridor

Kazakhstan expands currency corridor

The National Bank of Kazakhstan has expanded corridor fluctuations in the exchange rate of the tenge, the chairman of the National Bank of Kazakhstan, Kairat Kelimbetov, said at a press conference. "The new corridor will be 170-198 …