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View Full Version : Kazakhstan May Lift Interest Rates, Boost Reserve Ratios to Cap Inflation - Bloomberg



NewsWhore
03-30-2011, 09:50 AM
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Kazakhstan May Lift Interest Rates, Boost Reserve Ratios to Cap Inflation (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGAg-N2iz8p6w9znmlOWNS2_EWdtA&url=http://www.bloomberg.com/news/2011-03-30/kazakhstan-may-lift-interest-rates-boost-reserve-ratios-to-cap-inflation.html)
Bloomberg
The National Bank of Kazakhstan has loosened currency controls, allowing the tenge to appreciate to damp inflation. It returned to a â??managedâ?? free float by abolishing the tenge&#39;s trading corridor on Feb. 28. The currency has gained 1.1 percent so far ...

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