BUSINESSFINANCIAL TIMES WORLD
Kazakh tenge soars as foreigners pile into government debt
The Kazakh tenge is soaring after foreigners have significantly invested in government debt. This investment activity continues despite the presence of high interest rates and disruptions to oil exports originating from a Russian terminal due to Ukrainian drone attacks.
Mentioned
Related Signal
Adjacent reporting
- Kazakhstan Eyes Return to Panda Bonds With $500 Million Deal
- Increase in Russia's Fossil Fuel Export Revenues in May
- Kazakhstan Moves to Build a National Crypto Reserve Funded by Bitcoin Miners
- Key Kazakh Field Cuts Oil Output After Drones Hit Russian Plant
- Ukraine’s drone strikes pile pressure on Russian economy