Economic Analysis - Strong H117 Warrants Upgrade - 21 AUG 2017
Emerging Markets Monitor August 2017 / Kazakhstan / Economy
With Kazakhstan's economic recovery progressing at a faster pace than expected, we have revised up the country's short-term growth outlook. We also note significant upside for the economy over the...
Currency Forecast - KZT: Foreign Investment To Fuel Long Term Appreciation - 21 AUG 2017
Emerging Markets Monitor August 2017 / Kazakhstan / Finance
Abating depreciatory pressures will see the Kazakh tenge stabilise over the short term, and we believe that the unit is set up for further appreciation over the longer term. This will be primarily...
Economic Analysis - Limited Potential For Further KZT Weakness - 28 SEPT 2015
Emerging Markets Monitor September 2015 / Kazakhstan / Economy
With the threat of industrial action in Kazakhstan's oil and gas sector now limited following the sharp August 20 devaluation, the Kazakh authorities will prioritise limiting the inflationary costs...
Market Strategy - Macro Implications Of Tenge Devaluation - 17 FEB 2014
Emerging Markets Monitor February 2014 / Kazakhstan / Finance
The National Bank of Kazakhstan (NBK) announced unexpectedly on February 11 that it would allow a significant devaluation of the Kazakh tenge against the US dollar, which saw the currency plummet...