Gulfairuz

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Hong Kong-Singapore Builder Slump to Deepen: Chart of the Day

Property developers in Hong Kong and Singapore will extend the biggest declines among global peers as government curbs deter buyers in Asia’s most …

Currency Devaluations: Good, Bad or Plain Ugly?

There’s something Wild West about currency devaluations. Not just because they’re the mainstay of frontier economies, but there can be a pretty big element of unpredictability about how they pan out.

Currency devaluation in Kazakhstan

What devaluation actually means

THE opening paragraph of Bloomberg's news story on Venezuela's currency move is a classic example of what devaluation actually means.<p>Venezuelans …

The Post

Shaadieya Daniels' mother says her daughter must move on with her life, and admits she feels deeply for Pillay's mother, Tracey.<p>14 August 2018 | …

EM currency contagion hits Kazakhstan, tenge tumbles | Financial Times

Print this page<p><i>By Claire Nutall of bne in Astana</i><p>Kazakhstan became the latest emerging market to succumb to competitive devaluation pressures as the …

World - Bloomberg

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Kazakhstan surprises with big devaluation of its currency

Kazakhstan has devalued its currency, the tenge, by 19 percent.<p>It had been undermined by Russia – its main trading partner – allowing the rouble to slide.<p>Moscow did that as investors bailed out of emerging market currencies due to the scaling back of US monetary stimulus.<p>Kazakhstan also has a …

e-Markets

What happens after the fall

I HAD an interesting email exchange with Tyler Cowen last week concerning the ongoing blogospheric discussion over devaluation as a crisis-fighting …

Mayor of Almaty orders to keep prices down

The Akim (Mayor) of Almaty Akhmetzhan Yesimov has instructed the city authorities to keep prices down amid the devaluation of tenge.

Kazakhstan

20% hike: Big stores in Kazakhstan change prices amid tenge devaluation

Bely Veter store closed. ©Marat Abilov<p>The note says that the store is closed until 3:00 p.m. ©Marat Abilov<p>Some people hurry to make purchases at old …

ATMs

Dollar explodes in Kazakhstan: 200 tenge per dollar

Forex

I only learned about tenge devaluation last night: Central Bank Governor

There can’t have been any leaks as we only made the decision yesterday after the Stock Exchange trades were over: Kairat Kelimbetov.

Central Banks

UPDATE 3-Kazakhstan devalues tenge by 19 percent to stymie speculators

* Central bank to avert sharp moves off 185 tenge/dollar<p>* Seeks to counter impact of “uncertain” rouble, U.S. policy<p>* Analyst sees tenge devaluation “larger than justified”<p>By Mariya Gordeyeva<p>ALMATY, Feb 11 (Reuters) - Kazakhstan on Tuesday devalued its tenge currency by 19 percent to about 185 per …

Kazakhstan Devalues Amid Outflows From Emerging Markets

Kazakhstan’s central bank devalued the tenge by the most since 2009 as reduced bond buying by the U.S. Federal Reserve sparks capital outflows from …

UK WINNERS LOSERS: Kazakhmys Revalued As Tenge Is Devalued

Untengeable

2014-02-11T09:01:05.000Z<p>By: Dan McCrum<p>Competitive devaluation is a go, starting in the ‘Stans.<p>The official rate of the Kazakh Tenge has fallen to to …

Kazakhmys jumps 25% as mining shares lead markets higher

Markets are moving sharply higher ahead of Janet Yellen's first testimony as chair of the US Federal Reserve, with mining shares leading the way.<p>News that the Kazakh central bank would allow the country's currency, the tenge, to devalue by around 19% from Monday's level has boosted miner <b>Kazakhmys</b> …

Kazakhstan Devalues National Currency

ALMATY, February 11 (RIA Novosti) – Kazakhstan’s central bank devalued the national currency by 18.9 percent Tuesday in an effort to prevent the …

Global asset management - The Value Perspective

What could Christiano Ronaldo have to teach us about QE?<p>As the Premier League kicks off for another season, we return to the subject of football …

Kazakhstan devalues tenge by almost 20% | Financial Times

Kazakhstan has become the latest country to weaken its currency in response to a round of regional devaluations and a worsening outlook for commodity …

Ukraine’s hryvnia sinks to five-year low | Financial Times

A devaluation of Ukraine’s currency is gathering pace as political crisis and market pressures force the central bank to abandon a four-year peg to …