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Kelimbetov Replaces Marchenko at Kazakh Central Bank

By Nariman Gizitdinov

Kairat Kelimbetov, a deputy prime minister who led the nationalization of failing Kazakh lenders in 2009 as the chief of the country’s sovereign wealth fund, will replace Grigori Marchenko as central bank governor. READ MORE

Kazakhstan Needs More RUR and CNY in International Trading

Kazakhstan, which has linked KZT to a multi-currency basket since September, where the RUR has the share of 10%, the next year wants to introduce a floating corridor and to define the scope of interventions, by which the limits of this corridor shall shift. READ MORE