Tag "Kashagan oil field"
Economics
South and Central Asia
Kazakhstan stuck between falling exchange rates and oil prices
How will Kazakhstan’s economy react to the double threat of the falling ruble exchange rates and falling oil prices? Kazakhstan’s growth rate since 2010 has been above 6%, but current
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