Kazakistan
KAZAKHSTAN-PRIME/MINISTER-TENGE
Kazakh prime minister rules out Tenge devaluation, says currency stableKazakhstan’s Prime Minister Olzhas Bektenov said Tuesday there are no signs of a sharp decline in Tenge’s value, dismissing concerns about an imminent devaluation."Dollar exchange rate is determined by market factors without intervention from the National Bank. Based on our analysis and assessments from leading experts, we see no grounds for a sudden weakening of Tenge," Bektenov said at a press briefing in Astana."We do not expect a devaluation or any abrupt depreciation of the national currency," he added. (ICE ALMATY)
Fonte notizia: INTERFAX
