Tag "Kazakh tenge"

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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