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Trump’s Presidency: Impact on Kazakhstan’s Economy
30 Jan 2025 13:01 GMT
… declined against the tenge on the Kazakhstan Stock Exchange (KASE … and factors shaping the tenge’s future. Photo credit … back to 530 tenge or 550 tenge per dollar later … tenge
Kysykov noted that Kazakhstan is experiencing high demand for foreign currency …
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Kazakhstan’s Economy Achieves 4.8% Growth Amid Challenges in Oil Sector
29 Jan 2025 06:52 GMT
… of the National Bank of Kazakhstan (NBK) Timur Suleimenov said … and increased demand for foreign currency. To address this, the … pilot projects using the digital tenge, focusing on transparency in … activities worth 1.5 billion tenge ($2.8 million).
Looking …
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Kazakhstan to produce shale oil for first time in 2025
29 Jan 2025 00:00 GMT
… currency.
“The first production of shale oil in Kazakhstan … Kassym-Jomart Tokayev said Kazakhstan needed to exploit “technologically … percent, and the local currency — the tenge — is losing ground … more foreign investment into Kazakhstan’s energy and rare …
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Kazakhstan’s inflation hits National Bank's target, says Chairman Suleimenov
24 Jan 2025 11:37 GMT
… informed about the state of Kazakhstan’s economic and financial systems … , the Bank’s gold and forex reserves hit 45.8 billion … was at 3.4 trillion tenge, exceeding inflation by more than … measures taken to keep the tenge stable, and so on.
During …
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Kazakhstan to curb spread between currency purchase, sale rates
14 Jan 2025 13:47 GMT
ALMATY, Jan. 14 (Xinhua) -- The National Bank of Kazakhstan has proposed to limit the deviation in the exchange rates of foreign currencies bought and sold by exchange offices, the country's financial regulator said Tuesday in a press release.
The bank …
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Kazakhstan Records 23% Growth in Gold and FX Reserves
17 Jan 2025 12:07 GMT
… the National Bank of Kazakhstan, reported Kazinform news agency … corporate securities. Foreign currency portfolios are held in … Kazakhstan’s gold and foreign currency reserves to support the tenge … for interventions in the currency market is unreasonable.
…
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National Bank of Kazakhstan Maintains Base Rate at 15.25%
17 Jan 2025 19:14 GMT
… rising inflation in Russia, Kazakhstan’s key trading partner … emerging markets, including the tenge,” said Suleimenov.
Inflationary … services, and utilities.
Kazakhstan’s short-term economic … to balancing the domestic currency market.”
With these factors …
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Kazakhstan shut down 36 illegal crypto exchanges in 2024 crackdown
08 Jan 2025 10:46 GMT
… turnover of about 60 billion Kazakhstani tenge ($112.8 million), … services
In 2023, Kazakhstan’s Financial Monitoring Agency … bank digital currency (CBDC), the digital tenge. Development began … Zhalenov, the chairman of Kazakhstan’s National Payment Corporation …
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National Bank of Kazakhstan Revolutionizes Tenge Design, Security
06 Jan 2025 10:53 GMT
… prestigious global currency competitions for its innovative Saka Style tenge series, … Printing competition. This prestigious currency industry award honors artistic, … Bank of Kazakhstan
Additionally, Kazakhstan’s 10,000-tenge commemorative banknote and …
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Kazakhstan's Tenge Faces External Pressures, But Free-Float Policy Remains - Tokayev
03 Jan 2025 06:18 GMT
… Agency)
ASTANA, Kazakhstan, January 3. Kazakhstan is
deeply integrated … into the global economy, making the national
currency … - tenge - susceptible to … year,
while the tenge managed to maintain …