Karim Massimov

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Is Poroshenko travelling to Kazakhstan for help?

President of Ukraine Petro Poroshenko is to pay a visit to Kazakhstan in order to improve the critical state of the Ukrainian economy and make attempt to restore the former economic relations, but …

 Poroshenko leaves for Kazakhstan

President of Ukraine Petro Poroshenko is on a two-day visit to  Kazakhstan. According to the press service of the head of state, today he will meet with Prime Minister of Kazakhstan Karim …

IMF welcomes decision to float tenge

The director of the IMF’s Middle East and Central Asia Department, Masood Ahmed, visited Kazakhstan on September 2–4. He met Prime Minister of Kazakhstan Karim Massimov, the ...

Tenge sent free floating

Artificial support for the national currency exchange rate threatens Kazakhstan with bankruptcy under current oil prices

Tenge drops by more than a third

During today's morning trading on the Kazakhstan Currency Stock Exchange, the tenge dropped by 35.5%. Its rate against the dollar fell from 188.38 to 255.26 tenge. The trading volume during this drop amounted to 115.55 million …

Nazarbayev: we will meet all social commitments

Kazakhstan's President Nursultan Nazarbayev said at a meeting with Prime Minister Karim Massimov and the head of the presidential administration Nurlan Nigmatulin that the Kazakh authorities will not allow an economic slowdown ...