Tag "Kazakh tenge"
Economics
South and Central Asia
Chinese energy investments drive Moscow’s interests in Central Asia
With Russia’s economy in crisis and Central Asia coming in focus of Chinese energy strategy, the region is experiencing a long-term geopolitical shift. Central Asian (CA) states, Kazakhstan, Turkmenistan, Uzbekistan,
Economics
South and Central Asia
Kazakhstan Pegs Tenge to Foreign Currency Basket
Starting September 2nd, Kazakhstan will peg the tenge to a basket of foreign currencies, effectively ending the managed float that was put in place in March 2011. The basket will