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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

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Kyrgyzstan’s Prime Minister Sariyev resigns but says will stay in politics

BISHKEK (TCA) — On April 11 Prime Minister of Kyrgyzstan Temir Sariyev resigned at his own request. On the same day President Almazbek Atambayev signed a decree on the resignation of the Prime Minister and the Government. According to the decree, the prime minister and his cabinet will continue performing their duties until the formation of a new Government.

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Times of Central Asia