Kazakhstan Sees No Immediate Tenge Impact from Higher Oil Prices, National Bank Chair Says

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Rising oil prices driven by escalating tensions in the Middle East have not had a significant effect on Kazakhstan’s tenge, National Bank Chair Timur Suleimenov said on the sidelines of a Mazhilis on June 10. Suleimenov said changes in oil prices typically affect the economy and currency with a lag of one to… The post Kazakhstan Sees No Immediate Tenge Impact from Higher Oil Prices, National Bank Cha...

By Fatima Kemelova