National Bank of Kazakhstan
Kazakhstan establishes crypto portfolio in reserves
Central bank says it could spend “up to” $300m from gold and FX income
Kazakh central bank denies it is adding crypto to reserves
National Bank of Kazakhstan says “no decision has been made” on strategic crypto reserve
Central banks buy more gold in January
Net accumulation follows dip seen in previous month
Banknotes: July to September 2024
A round-up of news and salient issues that have affected central bankers in the past three months
China and Kazakhstan to co-operate on CBDC research
The two Asian central banks set to carry out joint research and training
Visa and Mastercard power Kazakhstan’s CBDC debit cards
Digital tenge also designed to ensure “targeted and efficient government spending”
Kazakhstan central bank governor replaced with presidential staffer
Move comes amid flurry of new appointments made this year
Kazakhstan joins mBridge project
NBK joins cross-border CBDC project as an observer
Kazakhstan cuts main rate as outlook improves
Governor says inflation should keep falling but fiscal policy or Russian prices could derail forecast
Kazakhstan raises rate as Kyrgyzstan cuts
IMF criticises Kyrgyz monetary policy and failure to reform central bank law
Banknotes: October to December 2022
A round-up of news and salient issues that have affected central bankers in the past three months
Bank of Russia says Putin’s mobilisation will hit demand
Kazakhstan rates rocket, while Azerbaijan central bank warns about fiscal policy
Kazakhstan orders 50bp rate rise
Unlike neighbours, Kazakhstan continues tightening with eight hikes since last July
Kazakhstan raises policy rate by 50 basis points
Inflation hit 12% in March and expectations are “not anchored”
People: Macklem to chair Basel Committee oversight board
China names policy-makers; BoJ reappoints key monetary policy official; Kazakhstan replaces deputy
Kazakhstan orders unscheduled 325bp hike
Central banks acts under new governor as Russian invasion of Ukraine drives currency down
Kazakhstan’s president announces changes to powerful wealth fund
National unrest leads to changes at SWF that owns an estimated 40% of GDP
Kazakh central bank warns of inflation pressure after protests
Policy-makers opt for 50bp rate hike to curb possible inflation surge
Kazakh central bank suspends banking operations
Deputy chairman says banking will resume when situation is “stabilised”
Central bank social media trends in the ‘Instagram age’
Uptake of visual social media platforms rises, as Facebook usage plateaus
Kazakhstan continues monetary tightening
National Bank orders third 25bp increase in a row, in line with Russia