Kazakhistani Tenge

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Kazakhistani Tenge

The currency of Kazakhstan. It was issued in 1993, replacing the Soviet ruble. Kazakhstan was one of the last former Soviet republics to issue a new, national currency.
References in periodicals archive ?
The EBRD is supporting the growth programme of Kazakhstans national airline, Air Astana, with a loan of up to US$ 14 million equivalent in Kazakh tenge.
He said, 'The trading sessions (of the Kazakh tenge at KASE) held over the past weeks have showed that with the traded volume being not very large, rocking the boat even in a small way can create an artificial deficit of the tenge and increase the volatility of the exchange rate.
The notes are to be issued under KTGA's Medium-Term Note Programme and may be denominated in Kazakh tenge or in other currencies.
The fall of the Russian ruble and the Kazakh tenge led to a significant depreciation of the Kyrgyz som against the U.
The anticipated rapid expansion, coupled with the 19 per cent devaluation of the Kazakh tenge in February this year that may affect the debt-servicing aptitude of some of its borrowers, means that DBK's asset quality will remain very weak.
Each publication posted on the G-Global platform is automatically taking part in the annual G-Global contest, divided over different scientific domains and have a chance to win a certificate/diploma and/or a prize in cash from an annual fund amounting to 5mn Kazakh tenge (around 25,000 euros or $33,000).
The substantial devaluation of the Kazakh tenge earlier this year has revived concerns of an escalation in inflationary pressures.
This trend has continued in current year, despite the complexity of disparity of currency rates between Russian ruble and Kazakh tenge, said Mamytbekov.
Project Description : The EBRD is considering a long-term loan of up to USD 60 million in Kazakh Tenge (KZT) equivalent to Savola Foods CIS LLP (the Company or Savola ), one of the leading branded edible oil producers in Kazakhstan, based in Aktobe.
In the face of a cheapening Russian ruble and Russian goods, the Kazakh tenge and Kazakh goods don't stand a chance.
The banking sector in Kazakhstan was affected by a significant deterioration in the quality of loan portfolios, as well as the devaluation of the Kazakh tenge, and our business has not been immune.
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