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Kazakhstan

Kazakhstan devalues tenge by 18%

The National Bank of Kazakhstan has allowed the tenge's value to fall by almost a fifth against the greenback by substantially devaluing the currency's dollar peg.

Kazakhstan to create financial market regulator

Kazakhstan National Bank Chairman, Grigory Marchenko, has said the central bank has decided to establish a special agency to regulate the Kazakhstan financial market, subordinate to the President, in January 2004, according to a report by the Times of…

Marchenko's prize

Grigori Marchenko, the unassuming but hugely competent governor of the National Bank of Kazakhstan, has received recognition for his instrumental role in turning his country into the most prosperous economy in the region by winning Euromoney's 2003…

Interview: Grigori Marchenko

In conversation with Benedict Mander, the chairman of the National Bank of Kazakhstan discusses reserve management policy, the importance of oil, and the difficulties in retaining staff at the central bank.

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