News and analysis from Kazakhstan - Mar 18th 2010
Archive for January 4th, 2009
ANALYSIS: Kazakhstan dismisses threat of devaluation amid economic downturn
In December, Kazakhstan’s central banker Anvar Saidenov denied the possibility of a devaluation of the tenge, amid speculations that the state’s foreign and gold reserves are rapidly depleting and the central bank may be unable to maintain the current exchange rate.
ANALYSIS: Kazakhstan officially abolishes oil export duty
(SRI) - Last week, Kazakhstan officially announced the abolishing of the oil export duty for all oil companies operating in Kazakhstan as of January 26, 2009.
Kazakh central bank cuts refinancing rate
(SRI) - Kazakhstan’s central bank cut its key refinancing rate to 10.0 percent from 10.5 percent on January 1 to help provide liquidity to the nation’s embattled commercial banks and overcome the country’s recent economic slump.
© 2009 Silk Road Intelligencer. 
