Kazakhstan’s Central Bank Sees No Grounds for Tenge Devaluation Kazakhstan’s central bank said it sees no grounds for a devaluation of the national currency, the tenge, which has depreciated against the dollar for 21 consecutive trading sessions.
July 25, 2013 - Bloomberg
Nursultan Nazarbayev in Gazeta.KZ The state has lowered VAT and devaluated tenge so that the earned money work well in the country. As a result of the undertaken measures, the enterprise of mining branches in the country have had the minimum losses,N. Nazarbayev said.
Karim Masimov in Reuters India From December 1, the retail (price should be) no more than 82 tenge ($0.55),Prime Minister Karim Masimov told a government meeting in the capital Astana, referring to the price of one litre of gasoline with 92 octane rating.
Grigori Marchenko in ShareCast Kazakh central bank chairman Grigory Marchenko said on Wednesday that "fundamentals were right for Kazakhstan's tenge currency to appreciate".