Russia’s invasion of Ukraine on 24 March was met with severe Western sanctions, which quickly caused the ruble to depreciate...
News Category: Exchange Rate
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Kazakhstan: Kazakh tenge collapses amid the fallout of war in Ukraine, despite central bank support -
Kazakhstan: Tenge recovers lost ground in May Kazakhstan’s tenge (KZT) strengthened notably against the U.S. dollar in May and at the start of June, after having sunk... -
Kazakhstan: Tenge slumps to new all-time low amid plunging oil prices Kazakhstan’s tenge (KZT) sank to a record low against the U.S. dollar over the past few weeks, hammered by the...