Kazakh Central Bank

Kazakh central bank hikes key rate to 12%

Kazakhstan's central bank hiked its policy rate to 12.0% from 9.25% today, governor Yerbolat Dosayev said. He cited risks of pressure on the tenge exchange rate and inflation after the collapse of oil prices, Reuters reported. …

Kazakhs policy rate unchanged at 9.25%

Kazakhstan’s central bank kept its policy rate unchanged at 9.25%, in its first review since last month’s leadership reshuffle at the Central Asian nation’s financial regulator. The bank said in a statement that the …

Kazakh Central Bank cuts key interest rate to 13%

Kazakhstan’s central bank cut its key interest rate from 15% to 13%. “There’s a high probability that inflation can be expected to reach the upper bound of the 6 percent-8 percent target corridor by end-2016. A …

EEU Central Banks are in need of closer coordination

Central Banks of the EEU countries are in need of closer coordination of the work under conditions of increased volatility in the currency, monetary and stock markets, the Deputy Chairman of the National Bank of Kazakhstan Oleg …

Samruk-Kazyna expects stabilization of tenge rate

The Department of Research and Knowledge Management of Samruk-Kazyna Sovereign Wealth Fund of Kazakhstan forecasts stabilization of the national currency in 2016. "The average exchange rate of the USD-KZT is projected in the range …

Kazakh tenge set new anti-record

The Kazakh tenge dropped to 307.53 per dollar on the Kazakhstan Stock Exchange (KASE) today, the press service of KASE said. At the end of the morning trading session the current average rate of the tenge was 335.4 per euro. …