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Kazakhstan can maintain national currency exchange rate

Business Materials 20 September 2011 15:31
Kazakhstan is able to maintain the stability of the tenge, Kazakh Central Bank Chief Grigory Marchenko said at the enlarged meeting of the Nur Otan party in Astana on Tuesday.
Kazakhstan can maintain national currency exchange rate

Kazakhstan, Astana, Sept. 20 / Trend , A.Maratov /

Kazakhstan is able to maintain the stability of the tenge, Kazakh Central Bank Chief Grigory Marchenko said at the enlarged meeting of the Nur Otan party in Astana on Tuesday.

"Today, the exchange rate remains stable, despite the developments in the global economy. We have sufficient capacity, which will allow to further maintain the stability of national currency," Marchenko said.

He said the official exchange rate of tenge against USD varied at 145.2 - 145.5 tenge $1 on Sept. 20.

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