Global Trade Alert
Global Trade Alert

Kazakhstan: Competitive devaluation of the national currency

Announcement

11 Feb 2014

In February 2014, the government of Kazakhstan announced the devaluation of its national currency.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

11 Feb 2014

Revocation date:

No revocation date

Updated: 11 Feb 2014
Competitive devaluation In force
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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