Kazakhistani Tenge

(redirected from Kazakh tenge)

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.
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The EBRD will provide a loan in local currency, Kazakh tenge, up to an equivalent of US$ 8.
However, we expect the depreciation of the Kazakh tenge against the US dollar to result in a wider market for Kazakh wheat among traders outside of these traditional destinations.
In view of S&P analysts, insurance companies in Kazakhstan will likely face further challenges in 2016, owing to the constrained economic prospects in Kazakhstan, GDP stagnation, a sharp devaluation of the Kazakh tenge in 2015 and appreciation in 2016, and increased risks related to Kazakhstan's banking sector.
Having downgraded our forecasts for the Kazakh tenge and oil price in 2016, we have also downgraded our forecast for real GDP growth to 1.
The Kazakh tenge (KZT) weakened 20% in 4Q15 and 46% in FY15 vs.
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.
After a due diligence review of Tethys and its business and in light of the recent Kazakh tenge devaluation and change in macro-economic conditions, Nostrum said it revised the price at which it would be prepared to make an offer.
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).
Financing to Limited Liability Company Microfinance Organization KMF ( KMF or the Company ) to support local currency financing of micro and small enterprises, including women enterprises and clients in remote areas of Kazakhstan, structured as (i) an A loan of up to US$10 million equivalent in Kazakh Tenge (KZT) for IFCs own account and (ii) up to US$75 million Hedged A Loan Participation, for the account of participants (the Project ).
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