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ASTANA (TCA) — The National Bank of Kazakhstan’s interventions in the form of foreign currency purchases amounted to $474 million in February or 20 percent of the total currency trade, National Bank Chairman Daniyar Akishev said in the Kazakh Parliament on March 3, the official website of the Prime Minister of Kazakhstan reported. Continue reading
ASTANA (TCA) — The Government of Kazakhstan has approved a new forecast of the country’s socio-economic development for this year, Kazakh media reported. Continue reading
ASTANA (TCA) — The Development Bank of Kazakhstan has conducted a stress test to see the ability of borrowers to perform if the exchange rate of the Kazakh tenge falls down to 500 tenge per dollar, the Atameken National Chamber of Entrepreneurs of Kazakhstan reported. Continue reading
BISHKEK (TCA) — Theoretically, Kyrgyzstan may withdraw from the Eurasian Economic Union (EEU) with Armenia, Belarus, Kazakhstan, and Russia as its regulations allow its member countries to do so, but the country would not have any good alternative, Kyrgyz Deputy Prime Minister Oleg Pankratov told a press conference in Bishkek. Continue reading
DUSHANBE (TCA) — An International Monetary Fund (IMF) staff mission, led by Mr. Paul Ross, visited Tajikistan from February 1 to 10 to discuss the country’s macroeconomic policies and the structural reform agenda. Continue reading
ALMATY (TCA) — The deficit of the balance of payments of Kazakhstan for 2015 is preliminarily estimated at US $5.3 billion compared to a surplus of $6 billion in 2014. The reason is the country’s decreasing exports, Novosti-Kazakhstan news agency reported with reference to the country’s National Bank. Continue reading
