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View Full Version : Kazakhstan Bailout Fund Has 'Limited' Funding for More Rescues - Bloomberg



NewsWhore
05-18-2009, 10:50 AM
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Kazakhstan Bailout Fund Has &#39;Limited&#39; Funding for More Rescues (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601085%26sid%3DaxN.9Pzy9NsA%26refer%3Deurope&cid=1354402220&ei=5mkRSpeZKsfFsAbgzcWSBQ&usg=AFQjCNGjtiMRtFOVK57-R-E02t1qjyaO_A)
Bloomberg
Kazakhstan, which holds 3.2 percent of the world&#39;s oil reserves according to BP Plc, has also devalued its currency and cut interest rates in an attempt to halt a plunge in economic growth. Samruk-Kazyna bailed out BTA Bank, the country&#39;s largest ...


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