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Kazakhstan: Competitive devaluation of the national currency

Description

On 11 February 2014 the National Bank of Kazakhstan renounced its policy to support the exchange rate of the national currency, the tenge, and decreased its currency intervention. As a result, the nat...

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Intervention Details

Intervention Type

Competitive devaluation

MAST Chapter

G: Finance measures

Implementation date

11 Feb 2014

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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