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Print 2020-02-10
Kazakh tenge seen weakening
The Kazakh tenge is likely to weaken against the dollar this month, trailing lower oil prices, according to a Reuters poll. Four out of seven participants in the poll, which was carried out between Jan. 28 and Feb. 3, expect the currency to depreciate thi
The Kazakh tenge is likely to weaken against the dollar this month, trailing lower oil prices, according to a Reuters poll. Four out of seven participants in the poll, which was carried out between Jan. 28 and Feb. 3, expect the currency to depreciate this month, while three analysts saw it edging up against the dollar. The 12-month outlook was bearish, with all six out of seven analysts forecasting a weaker tenge.
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