Less Focus on the Dollar, More Focus on the Ruble: Currency Management Strategy in Kazakhstan, Post Devaluation
William G. Gissy*
Vice-President for Strategic Planning and Development, KIMEP University, Almaty Kazakhstan
- *Corresponding Author:
- William G. Gissy
Strategic Planning and Development
KIMEP University, Almaty Kazakhstan
E-mail: [email protected]
Received Date: March 10, 2014; Accepted Date: October 29, 2014; Published Date: November 05, 2014
Citation: Gissy WG (2014) Less Focus on the Dollar, More Focus on the Ruble:Currency Management Strategy in Kazakhstan, Post Devaluation. J Stock Forex Trad 3:132. doi: 10.4172/2168-9458.1000132
Copyright: © 2014 Gissy WG. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
The tenge devaluation occurring on 13 February 2014, approximately 5 years after the previous devaluation,
marked a change in focus on the part of National bank of Kazakhstan.