OPEC+ Formally Increases Oil Production Quotas, But Real Output Won't Grow
Eight OPEC+ member states agreed on Sunday, April 5th, to formally raise their collective oil production quotas by 206,000...
Read MoreEight OPEC+ member states agreed on Sunday, April 5th, to formally raise their collective oil production quotas by 206,000 barrels per day starting in May. However, this modest increase is largely symbolic, as key pro...
Read MoreFormer US President Donald Trump issued a furious, profanity-laden demand directed at Iran's leadership, calling on them to reopen the Strait of Hormuz. The tirade was posted on his social media platform, Truth Social.
Read MoreIran has officially exempted Iraq, the second-largest oil producer in OPEC, from all shipping restrictions imposed on the Strait of Hormuz. The announcement was made by an Iranian military representative in an Arabic-...
Read MoreAmerican forces have successfully rescued the second pilot of an F-15E Strike Eagle fighter-bomber that was shot down over Iran. President Donald Trump announced the operation's success on Sunday, April 5th.
Read MoreIranian officials have issued a sharp and defiant response to a 48-hour ultimatum from former US President Donald Trump, dismissing his threats and promising severe retaliation. On Saturday, April 4th, Trump posted on...
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The US dollar exchange rate has declined sharply in Kazakhstan's currency exchange offices. As of April 2, the average selling rate for the dollar in Astana is 475 tenge, while the buying rate is 468 tenge.
The US dollar exchange rate against the Kazakh tenge continued its downward trend on Tuesday, April 1. According to the results of daytime trading on the Kazakhstan Stock Exchange (KASE), the weighted average dollar r...
Significant changes are set to take effect in Kazakhstan starting April 2026, impacting household budgets and the business environment. The government will lift the current moratorium on increases for utility tariffs...
A comprehensive state audit of the Kostanay region has uncovered widespread financial irregularities and ineffective management of public funds, amounting to tens of billions of tenge. The audit revealed a significant...
Starting July 1, obtaining a loan in Kazakhstan will become more challenging for many citizens. The National Bank is introducing stricter rules for assessing borrowers' creditworthiness, shifting the focus heavily tow...
National Bank of Kazakhstan
Currency exchange data unavailable