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View Full Version : Kazakhstan Will Abandon Currency Corridor in March - Bloomberg



NewsWhore
01-11-2011, 01:30 PM
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Kazakhstan Will Abandon Currency Corridor in March (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGGy0wlQMm-jlVf6-xAZBRqVB_7ag&url=http://www.bloomberg.com/news/2011-01-11/kazakhs-to-abandon-tenge-corridor-in-march-marchenko-says.html)
Bloomberg
In a managed float, regulators intervene in a currency only when they think it is necessary to avert an economic shock. Kazakhstan introduced a corridor for ...

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