Mario Draghi, Olaf Scholz and Emmanuel Macron to visit Kiev on June 16
Peace in Ukraine is possible but for price of territorial concessions – NATO Secretary General
Finland not to join NATO without Sweden – Finnish President
Macron’s party mat lose parliamentary elections to Jean-Luc Mélenchon's left-wing alliance
Queen Elizabeth II becomes second-longest ruling monarchs in history
Even though the emergency rule in Kazakhstan has been prolonged to 7 a.m. May 1, it does not at all mean that the country will go back to the normal life on that day. No one and nothing stands in the ways of the acting head of the state to impose the emergency rule again...
On April 13, 2020, the Ministry of Energy of the Republic of Kazakhstan officially announced that, as part of the new OPEC+ agreement, the country is to cut oil production by 390 barrels a day. Let us consider what it means...
We have estimated the direct losses suffered by Kazakh banks due to the realization of the March currency risk at 494 bln tenge. This is what their net losses amounted to as a result of converting the deposits and loans. Is it a lot? Or not?..
The world oil prices continue to «jump» up and down. However, due to the fact that the stability of the internal currency market has been ensured, first of all, via the administrative-enforcement methods, by the end of March 2020, the tenge exchange rate has stabilized in the corridor of 440-450 per US dollar. However, it is unclear how long this situation is going to last...
March 19, 2020, marked an unprecedented event that had never happened in Kazakhstan as far as we can remember — the National Bank of Kazakhstan and the Kazakhstan Stock Exchange (KASE) released a joint statement. So what’s at the back of it?..
The situation on the world financial market remains difficult albeit the US dollar continues to strengthen. Not a single currency is able to withstand this process including the euro and the British pound not to mention the Russian ruble and tenge. With that, the Central Bank of Russia chose not to revise the base rate. As oppose to the National Bank of Kazakhstan that did so as early as March 10...
