Global Trade Alert
Global Trade Alert

Kazakhstan: Announced 25% devaluation of the national currency

Announcement

06 Feb 2009

In February 2009, 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

1 in force

Implementation date

06 Feb 2009

Revocation date:

No revocation date

Competitive devaluation In force

In the beginning of February 2009, as an anti-crisis measure, the Kazakh Government announced a 25% devaluation of the national currency (the tenge). The President of the Republic of Kazakhstan emphas...

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