Tag "Tenge"

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Politics South and Central Asia

Did playing hockey with Medvedev get Kazakhstan’s PM fired?

Prime Minister Karim Massimov has been ousted by Kazakhstan’s leader after a flurry of social media activity. There is more to this than meets the eye.

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

Kazakh currency devaluation triggers fuel shortage

The devaluation in February of Kazakhstan’s currency, the tenge, could have far-reaching effects on the availability of fuel in Kyrgyzstan and Tajikistan. On February 11, 2014, the National Bank of

Economics South and Central Asia

Kazakhstan to increase privatization of state-owned companies

Privatization could stimulate foreign investment and aid in the growth of the Kazakh economy, but not without major challenges. Kazakhstan has announced a wave of privatization to bolster foreign investment