Bank Of Baku

Kazakhstan devalues national currency

Kazakhstan devalues national currency
# 11 February 2014 11:33 (UTC +04:00)

The new exchange rate is expected at 185 tenge for 1USD (up from 155 tenge for 1 USD).

 

Given the high importance of the currency exchange rate, the National Bank has been maintaining the rate at 145-155 tenge for 1USD. It enabled to maintain economic stability.

 

 

 

 

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