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View Full Version : Kazakhstan's 'Managed' Free Float to Allow Further Tenge Gains - Bloomberg



NewsWhore
03-01-2011, 04:10 AM
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Kazakhstan&#39;s &#39;Managed&#39; Free Float to Allow Further Tenge Gains (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFnJaHy-23EE-Iys6xxviY88ZoAjA&url=http://www.bloomberg.com/news/2011-03-01/kazakhstan-s-managed-free-float-to-allow-further-tenge-gains.html)
Bloomberg
Kazakhstan&#39;s central bank said a return to a â??managedâ?? free float by abolishing the tenge&#39;s trading corridor will allow the currency to strengthen until it reaches a â??comfort levelâ?? for the economy. ...

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