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Strengthening of tenge may harm Kazakh economy — National Bank

ALMATY (TCA) — A sharp strengthening of the Kazakh national currency, the tenge, which may occur due to growing supply of US dollars in the domestic currency market and low demand for dollars, would negatively affect Kazakhstan’s balance of payments and economy, the country’s National Bank said on April 11.     

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Times of Central Asia

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Kazakhstan and Iran sign deals worth over $2 billion

ASTANA (TCA) — As part of Kazakhstan President Nursultan Nazarbayev’s visit to Tehran on April 11, companies from Kazakhstan and Iran signed more than 60 contracts totaling over $2 billion in the spheres of metallurgy, mining, agriculture, transport, and tourism, the Kazakh presidential press service said.   

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Times of Central Asia