Kazakhstan turns again to Marchenko

Grigory Marchenko will serve a second spell as governor of the National Bank of Kazakhstan.

Marchenko, who was governor from October 1999 until January 2004, re-joins the central bank a week after the central bank was forced to readjust the tenge's peg to the dollar following a devaluation of its currency.

The term of Saidenov Anvar Gallimullaevich, the previous governor, had a year to run, but Almaty opted to cut it short, with state media saying that he would move to another unspecified job.


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