Kazakhstan’s central bank raised its base rate by 25 basis points to 9.25 percent due to an increase in the risks of higher inflation from the tenge’s depreciation, with future decisions about the base rate dependent on how inflation compares with the bank’s target.
It is the first rate hike by the National Bank of Kazakhstan (NBK) since February 2016 when the base rate was raised to 17.0 percent to curb rising inflation which hit 17.7 percent in July that year.
In May 2016 the NBK began lowering the rate and remained in an easing stance until June this year when it switched to a neutral policy stance.
Between May 2016 and June 2018 the NBK cut its base rate by a total of 800 basis points, including four cuts this year by a total of 125 points.
But in September the central bank said inflation was falling slower than it had expected while economic activity was continuing to strengthen and the tenge was depreciating.
While the central bank said it was maintaining the current interest corridor of 1 percentage points plus/minus around the base rate, it also said it was considering narrowing the boundaries of the corridor to improve the operational effectiveness of its monetary operations so the tenge overnight rate, TONIA, will remain within the target corridor and converge to the target rate.
Headline inflation in Kazakhstan rose to 6.1 percent in September from 6.0 percent in August – a level the central bank described as moderate – and is forecast to remain within the 2018 inflation target of 5.0 – 7.0 percent.
In 2019 the central bank said it expects inflation to “smoothly enter the new corridor” of 4.0 – 6.0 percent and remain close to the upper limit of 6.0 percent.
An increase in exchange rate volatility had triggered a rise in inflationary expectations to 6.4 percent in September from 5.6 percent in July and domestic demand is continuing to expand due to rising incomes.
An increase in the minimum wage will add inflationary pressure while a economic activity remains above the country’s potential, the NBK said, adding the higher base rate will help increase the demand for tenge assets and help keep monetary conditions close to neutral.
In April this year the tenge was hit by worries over a fallout of new U.S. sanctions on Russia and since then it has continued to depreciate as U.S. interest rates rise.
Today the tenge was trading at 368.3 to the U.S. dollar, down 9.6 percent this year.
In August 2015 the tenge plunged following the central bank’s move to a floating exchange rate regime in response to capital outflows and the conversion of many tenge bank deposits to foreign currency. Oil accounts for about 60 percent of Kazakhstan’s exports and over 10 percent of its Gross Domestic Product.
President Nursultan Nazarbayev met with the Minister of Culture and Sports Arystanbek Mukhamediuly, according to the Akorda press service. Key areas of the ministry’s activities were brought up, including legislation in the field of cinematography and development of tourism and sports. According to the Minister of Culture, the bill On...
President Nursultan Nazarbayev met with the Minister of Culture and Sports Arystanbek Mukhamediuly, according to the Akorda press service. Key areas of the ministry’s activities were brought up, including legislation in the field of cinematography and development of tourism and sports. According to the Minister of Culture, the bill On...
Prime Minister Bakytzhan Sagintayev held a video conference on the progress of the Third Modernization of Kazakhstan, according to the press service of the Head of Government of the Republic of Kazakhstan.
During the meeting, preliminary reports for nine months and plans before the end of 2018 on digitalization of sectors...
Prime Minister Bakytzhan Sagintayev held a video conference on the progress of the Third Modernization of Kazakhstan, according to the press service of the Head of Government of the Republic of Kazakhstan.
During the meeting, preliminary reports for nine months and plans before the end of 2018 on digitalization of sectors...
Spring in 2019 will come to Kazakhstan on time, while temperature fluctuations and heavy precipitation will be observed, the director of the RSE Kazhydromet Marina Schmidt said.
“The beginning of the calendar spring will come in average years and will be marked by alternating the return of cold and thaw, as...
Spring in 2019 will come to Kazakhstan on time, while temperature fluctuations and heavy precipitation will be observed, the director of the RSE Kazhydromet Marina Schmidt said.
“The beginning of the calendar spring will come in average years and will be marked by alternating the return of cold and thaw, as...
Per capita education financing has already been introduced in a pilot mode in some educational facilities which, according to the Deputy, will lead to an increase in private schools with the participation of investors. Deputy of the Senate of parliament Dariga Nazarbayeva and Mayor of Almaty Baurzhan Baibek met with directors...
Per capita education financing has already been introduced in a pilot mode in some educational facilities which, according to the Deputy, will lead to an increase in private schools with the participation of investors. Deputy of the Senate of parliament Dariga Nazarbayeva and Mayor of Almaty Baurzhan Baibek met with directors...
Sixty-six gas wells will be drilled at the Tengiz field as part of the $5 billion North East Ring Project (NERP), said Union of Kazakhstan Oilfield Service Companies Chair Rashid Zhaksylykov at an Oct. 10 press conference. Tengiz is Kazakhstan’s major oil and gas field operated by the Chevron-led joint...
Sixty-six gas wells will be drilled at the Tengiz field as part of the $5 billion North East Ring Project (NERP), said Union of Kazakhstan Oilfield Service Companies Chair Rashid Zhaksylykov at an Oct. 10 press conference. Tengiz is Kazakhstan’s major oil and gas field operated by the Chevron-led joint...
KazTransGas has signed a long-term five-year contract with PetroChina International Company Limited on increasing the export of Kazakh gas to 10 billion cubic metres per year since 2019.
This was reported by the press service of KazTranGaz. The document was signed on October 12 in Beijing. The first agreement on the...
KazTransGas has signed a long-term five-year contract with PetroChina International Company Limited on increasing the export of Kazakh gas to 10 billion cubic metres per year since 2019.
This was reported by the press service of KazTranGaz. The document was signed on October 12 in Beijing. The first agreement on the...
In the first nine months of 2018, the volume of gasoline production in Kazakhstan amounted to 2.84 million tonnes, which is 21.8% more than in the same period of 2017, the statistics committee of the Ministry of National Economy of Kazakhstan reported.
During the reporting period, the volume of kerosene production...
In the first nine months of 2018, the volume of gasoline production in Kazakhstan amounted to 2.84 million tonnes, which is 21.8% more than in the same period of 2017, the statistics committee of the Ministry of National Economy of Kazakhstan reported.
During the reporting period, the volume of kerosene production...
A memorandum of cooperation with the Italian Lonigo was signed in Aktau between the municipalities of the two cities in order to develop joint investment projects.
The Italian delegation with the participation of the mayor of Lonigo Luca Restello, his adviser Diego Markazan, deputy Ambassador of Italy to Kazakhstan Marco Ezpozto...
A memorandum of cooperation with the Italian Lonigo was signed in Aktau between the municipalities of the two cities in order to develop joint investment projects.
The Italian delegation with the participation of the mayor of Lonigo Luca Restello, his adviser Diego Markazan, deputy Ambassador of Italy to Kazakhstan Marco Ezpozto...
Battered oil and gas drilling companies are finally seeing piecemeal signs that the prices they charge for offshore rigs are bottoming out with Brent crude LCoc1 selling for more than $80 a barrel and some are forecasting a full turn in the market by 2020. At the depths of a global...
Battered oil and gas drilling companies are finally seeing piecemeal signs that the prices they charge for offshore rigs are bottoming out with Brent crude LCoc1 selling for more than $80 a barrel and some are forecasting a full turn in the market by 2020. At the depths of a global...
Kazakhstan’s benchmark Urals’ crude differentials in northwest Europe hit their lowest level since May 4 on Monday on ample supply and sluggish demand for October barrels, while traders expect preliminary loading plans for early October to emerge on Tuesday.
Russia’s Surgutneftegaz added an extra cargo of Urals crude oil to the...
Kazakhstan’s benchmark Urals’ crude differentials in northwest Europe hit their lowest level since May 4 on Monday on ample supply and sluggish demand for October barrels, while traders expect preliminary loading plans for early October to emerge on Tuesday.
Russia’s Surgutneftegaz added an extra cargo of Urals crude oil to the...
Oil prices steadied on Monday, October 15, supported by geopolitical tension over the disappearance of a Saudi journalist, which has stoked worries about supplies from the world’s top crude exporter, but weighed by a falling equities market and concern over long-term demand outlook.
Brent crude futures rose 33 cents to $80.76...
Oil prices steadied on Monday, October 15, supported by geopolitical tension over the disappearance of a Saudi journalist, which has stoked worries about supplies from the world’s top crude exporter, but weighed by a falling equities market and concern over long-term demand outlook.
Brent crude futures rose 33 cents to $80.76...
Kazakhstan’s central bank has a range of options besides changing its key interest rate as it looks to fine-tune monetary policy after markets stabilised and inflation came in below expectations, according to Governor Daniyar Akishev.
With the benchmark held twice at 9 percent after four cuts and anticipation that a hike...
Kazakhstan’s central bank has a range of options besides changing its key interest rate as it looks to fine-tune monetary policy after markets stabilised and inflation came in below expectations, according to Governor Daniyar Akishev.
With the benchmark held twice at 9 percent after four cuts and anticipation that a hike...
The volume of remittances sent by individuals from Kazakhstan abroad through the MTS for January-August of the current year amounted to 380.1 billion tenge, which is 27.5% more than the same period last year. In the corresponding period a year earlier, growth was 25.2%.
The number of transactions for 8 months...
The volume of remittances sent by individuals from Kazakhstan abroad through the MTS for January-August of the current year amounted to 380.1 billion tenge, which is 27.5% more than the same period last year. In the corresponding period a year earlier, growth was 25.2%.
The number of transactions for 8 months...
The number of microcredit organisations at the end of the second quarter of 2018 decreased by 9.9% (26 organisations) and amounted to 236 companies.
The trend of reducing the number of microloan organisations began in 2014, when their number was 661 organisations. A year later (Q2 2015), their number was already...
The number of microcredit organisations at the end of the second quarter of 2018 decreased by 9.9% (26 organisations) and amounted to 236 companies.
The trend of reducing the number of microloan organisations began in 2014, when their number was 661 organisations. A year later (Q2 2015), their number was already...
Investments into equity for the past January-September 2018 reached KZT 7517.1 bln that is 21.6% more than in the same period of 2017, Statistics Committee of the Kazakh National Economy Ministry reports, according to Kazinform.
Investments into vehicles, equipment, transport, instruments and their major repairs increased by 16.5% in...
Investments into equity for the past January-September 2018 reached KZT 7517.1 bln that is 21.6% more than in the same period of 2017, Statistics Committee of the Kazakh National Economy Ministry reports, according to Kazinform.
Investments into vehicles, equipment, transport, instruments and their major repairs increased by 16.5% in January-September this year....
Kazakh President Nursultan Nazarbayev will pay an official visit to Finland on October 16-17 at the invitation of President of Finland Sauli Väinämö Niinistö. It is the second official state visit of the Kazakh leader to Finland. The President paid the first visit in March 2009.
"According to the trip program...
Kazakh President Nursultan Nazarbayev will pay an official visit to Finland on October 16-17 at the invitation of President of Finland Sauli Väinämö Niinistö. It is the second official state visit of the Kazakh leader to Finland. The President paid the first visit in March 2009.
"According to the trip program...
Almost 2.5 million people are expected to benefit from sustainable tourism development and greater regional connectivity in Kyrgyzstan’s Issyk-Kul region as part of the Central Asia Regional Links programme’s third phase (CARs-3), reports devdiscourse.com.
The third phase was approved by the World Bank in October, for which $55 million will be...
Almost 2.5 million people are expected to benefit from sustainable tourism development and greater regional connectivity in Kyrgyzstan’s Issyk-Kul region as part of the Central Asia Regional Links programme’s third phase (CARs-3), reports devdiscourse.com.
The third phase was approved by the World Bank in October, for which $55 million will be...
Recently the purchase of Russian rubbles and euros increased in Kazakhstan. A year-on-year 56.2 percent rise in expenses for the Russian rubbles in cash at the National Bank is associated with the increased use of national currencies in trade relations, especially in the border regions, according to the National Bank.
“In...
Recently the purchase of Russian rubbles and euros increased in Kazakhstan. A year-on-year 56.2 percent rise in expenses for the Russian rubbles in cash at the National Bank is associated with the increased use of national currencies in trade relations, especially in the border regions, according to the National Bank.
“In...
The share of payments in U.S. dollars in the total amount of mutual payments for goods and services between the countries of the Eurasian Economic Union decreased from 30 percent in 2013 to 18.3 percent in 2017, aeport of the Eurasian Development Bank says.
It is noted that the countries of the region are actively discussing the possibility of switching to mutual settlements in national currencies. There...
The share of payments in U.S. dollars in the total amount of mutual payments for goods and services between the countries of the Eurasian Economic Union decreased from 30 percent in 2013 to 18.3 percent in 2017, aeport of the Eurasian Development Bank says.
It is noted that the countries of the region are actively discussing the possibility of switching to mutual settlements in national currencies. There...
The national currency exchange, based at the Almaty stock exchange KASE, filed the following trade results.
Based on results of trades on the spot-market:
- weighted average US dollar rate with settlements T+1 in tenge (USDKZT_TOM) made KZT369.77 per US dollar at the trades volume USD47,750 th.;
- on US dollar with settlements...
The national currency exchange, based at the Almaty stock exchange KASE, filed the following trade results.
Based on results of trades on the spot-market:
- weighted average US dollar rate with settlements T+1 in tenge (USDKZT_TOM) made KZT369.77 per US dollar at the trades volume USD47,750 th.;
- on US dollar with settlements...
The U.S. dollar dipped on Monday after retail sales data for September missed economists' expectations, and as benchmark U.S. Treasury yields consolidated after last week hitting their highest level in seven years.
U.S. retail sales barely rose in September as a rebound in motor vehicle purchases was offset by the biggest...
The U.S. dollar dipped on Monday after retail sales data for September missed economists' expectations, and as benchmark U.S. Treasury yields consolidated after last week hitting their highest level in seven years.
U.S. retail sales barely rose in September as a rebound in motor vehicle purchases was offset by the biggest...
The Kazatomprom national atomic company has announced plans for an initial public offering of securities on the LSE, the company said. "Kazatomprom announces its intention to publish a registration document today and, in accordance with market conditions, considers an initial public offering (IPO) related to the sale of the company's...
The Kazatomprom national atomic company has announced plans for an initial public offering of securities on the LSE, the company said. "Kazatomprom announces its intention to publish a registration document today and, in accordance with market conditions, considers an initial public offering (IPO) related to the sale of the company's...
Gold rose more than 1 percent on Monday to its highest in about 2-1/2 months as investors sought refuge in the metal after mounting tensions between Western powers and Saudi Arabia compounded jitters in global stock markets.
Spot gold was up 1 percent at $1,230.05 per ounce at 1406 GMT, having...
Gold rose more than 1 percent on Monday to its highest in about 2-1/2 months as investors sought refuge in the metal after mounting tensions between Western powers and Saudi Arabia compounded jitters in global stock markets.
Spot gold was up 1 percent at $1,230.05 per ounce at 1406 GMT, having...
London metal prices slipped on October 15 as the U.S. dollar strengthened and on concerns that escalating global trade tensions could hurt demand.
Concerns remain that trade tensions between China and the U.S. may dampen demand for metals even as China’s September trade data proved more resilient than expected last week. The...
London metal prices slipped on October 15 as the U.S. dollar strengthened and on concerns that escalating global trade tensions could hurt demand.
Concerns remain that trade tensions between China and the U.S. may dampen demand for metals even as China’s September trade data proved more resilient than expected last week. The...
| Winner | Capacity | Price per kWh |
| KazHydro Operating LLP | 13.88 MW | KZT 14.85 |
| Cascade Karatal HPP LLP | 21.6 MW | KZT 14.90 |
| Korinskaya HPP-2 LLP | 26 MW | KZT 15.48 |
Kazakhstan said last week that three projects with a combined power capacity of 61.5 MW have won its hydropower tender.
During the bidding process, five companies submitted bids for 101.08 MW of projects, with individual proposals ranging from 13.88 MW to 26 MW in size.
According to the Ministry of Energy, the lowest bid was for KZT 14.85 (USD 0.04/EUR 0.03) and the highest was of KZT 16.71 per kWh, compared to a starting price of KZT 22.67 per kWh.
The table below presents the list of winners.
|
Winner |
Capacity |
Price per kWh |
|
KazHydro Operating LLP |
13.88 MW |
KZT 14.85 |
|
Cascade Karatal HPP LLP |
21.6 MW |
KZT 14.90 |
|
Korinskaya HPP-2 LLP |
26 MW |
KZT 15.48 |
This tender is part of a series of auctions taking place from October 3 to October 18 as the government aims to contract 1 GW of renewable power. The targeted capacity is 290 MW of solar, 620 MW of wind, 75 MW of hydropower and 15 MW of biopower. Last week, 250 MW of wind schemes won a tender.
Reported by Renewables Now.
In the first 8 months, 340.3 thousand tonnes of milk and cream were produced in Kazakhstan - 7.7% more than a year earlier.
Almost two thirds of the production fall on three key regions - North Kazakhstan (25.7% of Kazakhstan), Almaty (20.3%) and Kostanay (16.6%) regions.
Among the key companies in the...
In the first 8 months, 340.3 thousand tonnes of milk and cream were produced in Kazakhstan - 7.7% more than a year earlier.
Almost two thirds of the production fall on three key regions - North Kazakhstan (25.7% of Kazakhstan), Almaty (20.3%) and Kostanay (16.6%) regions.
Among the key companies in the...
On the site of the former KazAviaSpektr factory, they will build workshops of the enterprise for the production of dried horse milk. The Minister of Agriculture, Umirzak Shukeyev, promised to help in the implementation of this project, the Kapital.kz business information centre reports, citing the press service of the administration...
On the site of the former KazAviaSpektr factory, they will build workshops of the enterprise for the production of dried horse milk. The Minister of Agriculture, Umirzak Shukeyev, promised to help in the implementation of this project, the Kapital.kz business information centre reports, citing the press service of the administration...
The Kazakh Research Institute of Agricultural Products Processing recently developed local, affordable gluten-free products, the press service of the Astana city administration reported Oct. 10.
Being expensive, these products are not always available to residents suffering from celiac disease.
According to the results of the survey, in Kazakhstan 67 percent of patients...
The Kazakh Research Institute of Agricultural Products Processing recently developed local, affordable gluten-free products, the press service of the Astana city administration reported Oct. 10.
Being expensive, these products are not always available to residents suffering from celiac disease.
According to the results of the survey, in Kazakhstan 67 percent of patients...
Only five days was enough for Kyrgyzstan to first ban the import of poultry meat and eggs of Kazakhstani production, and then allow it again. Astana managed to “show teeth”, in response to finding particularly dangerous diseases in Kyrgyzstan. However, it did not come down to a big conflict.
The decision...
Only five days was enough for Kyrgyzstan to first ban the import of poultry meat and eggs of Kazakhstani production, and then allow it again. Astana managed to “show teeth”, in response to finding particularly dangerous diseases in Kyrgyzstan. However, it did not come down to a big conflict.
The decision...
According to a report by the Ministry of Agriculture, by October 15, 21,735.2 thousand tonnes of grain of the new crop were received in the republic.
In the department's administration, it is noted that by now the harvesting of grain has been carried out on an area of 14,861.7 thousand hectares...
According to a report by the Ministry of Agriculture, by October 15, 21,735.2 thousand tonnes of grain of the new crop were received in the republic.
In the department's administration, it is noted that by now the harvesting of grain has been carried out on an area of 14,861.7 thousand hectares...
As of October 1, 2018, the registered carry-over stocks of grains and pulses in Kazakhstan totaled 15.639 mln tonnes. In particular, farming households stored 3.939 thsd tonnes of grains, reported the Statistics Committee at the Ministry of National Economy of the Republic of Kazakhstan. Wheat formed the major share of the...
As of October 1, 2018, the registered carry-over stocks of grains and pulses in Kazakhstan totaled 15.639 mln tonnes. In particular, farming households stored 3.939 thsd tonnes of grains, reported the Statistics Committee at the Ministry of National Economy of the Republic of Kazakhstan. Wheat formed the major share of the...
In the next 3-4 years, new varieties of rice will account for 60-70 percent of rice fields in the Kyzylorda region of Kazakhstan.
To date, the Syr Suluy and Ai-Kerim varieties of rice passed state testing in the region. Following the results of these tests, work has begun on the development...
In the next 3-4 years, new varieties of rice will account for 60-70 percent of rice fields in the Kyzylorda region of Kazakhstan.
To date, the Syr Suluy and Ai-Kerim varieties of rice passed state testing in the region. Following the results of these tests, work has begun on the development...
Chicago corn futures lost ground on October 15 as the market took a breather following two sessions of strong gains that were triggered by a forecast of lower U.S. production.
Wheat eased slightly after climbing 1.8 percent on Friday, October 12, with prices supported by weaker production in Russia and Australia.
The...
Chicago corn futures lost ground on October 15 as the market took a breather following two sessions of strong gains that were triggered by a forecast of lower U.S. production.
Wheat eased slightly after climbing 1.8 percent on Friday, October 12, with prices supported by weaker production in Russia and Australia.
The...
Revenues of transport enterprises in Kazakhstan in January-August 2018 exceeded 1.8 trillion tenge.
Of these, the income of air transport enterprises accounted for 12.2%, or 224.8 billion tenge at growth by 18.1% over the year.
The number of passengers of air transport in January-August 2018 amounted to 5.5 million people, which is...
Revenues of transport enterprises in Kazakhstan in January-August 2018 exceeded 1.8 trillion tenge.
Of these, the income of air transport enterprises accounted for 12.2%, or 224.8 billion tenge at growth by 18.1% over the year.
The number of passengers of air transport in January-August 2018 amounted to 5.5 million people, which is...
Through the first three quarters of this year, Kyrgyzstan’s gross domestic product (GDP) topped 368.35 billion Kyrgyz som, or just below 5 billion euro, fresh figures from the National Statistics Agency show. The country’s yet biggest single moneymaker, the Kumtor gold mine, made up for about 10 per cent of...
Through the first three quarters of this year, Kyrgyzstan’s gross domestic product (GDP) topped 368.35 billion Kyrgyz som, or just below 5 billion euro, fresh figures from the National Statistics Agency show. The country’s yet biggest single moneymaker, the Kumtor gold mine, made up for about 10 per cent of...
China's central state firms continued to see strong revenue growth in the first three quarters of the year, official data showed Monday.
Aggregate revenues of the country's nearly 100 centrally-administered state-owned enterprises (SOEs) increased 11 percent year-on-year to 21.1 trillion yuan (3.05 trillion U.S. dollars) in the January-September period, the State-owned...
China's central state firms continued to see strong revenue growth in the first three quarters of the year, official data showed Monday.
Aggregate revenues of the country's nearly 100 centrally-administered state-owned enterprises (SOEs) increased 11 percent year-on-year to 21.1 trillion yuan (3.05 trillion U.S. dollars) in the January-September period, the State-owned...
China's top securities regulator vows to protect investors' interests especially those of the small and medium-sized investors, Securities Times reported on Monday.
China will make efforts to establish an open, fair, just and transparent capital market ecosystem, boosting investors' confidence in capital market's reform and opening-up and regulatory measures.
Liu Shiyu, chairman...
China's top securities regulator vows to protect investors' interests especially those of the small and medium-sized investors, Securities Times reported on Monday.
China will make efforts to establish an open, fair, just and transparent capital market ecosystem, boosting investors' confidence in capital market's reform and opening-up and regulatory measures.
Liu Shiyu, chairman...
Despite Western sanctions, foreign investors plan to pour $40 bln into Russia’s economy over the next five to seven years, Head of the Russian Direct Investment Fund (RDIF), a sovereign wealth fund, Kirill Dmitriev told Izvestia. More than 20 companies and funds from various countries will invest in Russia. Key...
Despite Western sanctions, foreign investors plan to pour $40 bln into Russia’s economy over the next five to seven years, Head of the Russian Direct Investment Fund (RDIF), a sovereign wealth fund, Kirill Dmitriev told Izvestia. More than 20 companies and funds from various countries will invest in Russia. Key...
Russian and British companies could switch to settlements in rubles and pounds, abandoning US currency transactions, in case of political and economic necessity, said Boris Abramov, Russian trade representative in the UK.
He told RIA Novosti that Russian firms doing business with Britain could switch to settlements in pound sterling at...
Russian and British companies could switch to settlements in rubles and pounds, abandoning US currency transactions, in case of political and economic necessity, said Boris Abramov, Russian trade representative in the UK.
He told RIA Novosti that Russian firms doing business with Britain could switch to settlements in pound sterling at...
A delegation of Turkmenistan headed by deputy prime minister, Minister of Foreign Affairs of Turkmenistan Rashid Meredov has been recently on a working visit to Brussels, the Turkmen Foreign Ministry said in a message.
During the trip, a meeting was held with European Commission Vice-President for Energy Union Maros Sefcovic, where...
A delegation of Turkmenistan headed by deputy prime minister, Minister of Foreign Affairs of Turkmenistan Rashid Meredov has been recently on a working visit to Brussels, the Turkmen Foreign Ministry said in a message.
During the trip, a meeting was held with European Commission Vice-President for Energy Union Maros Sefcovic, where...
Italy’s Saipem company has been awarded a contract for the development of Azerbaijan’s Absheron gas field, said a message from the company.
Total has awarded a SURF (subsea, umbilical, riser and flowline) contract to the consortium between Saipem’s subsidiary, Saipem Contracting Netherlands BV, Boshelf LLC and STAR GULF FZCO, for the...
Italy’s Saipem company has been awarded a contract for the development of Azerbaijan’s Absheron gas field, said a message from the company.
Total has awarded a SURF (subsea, umbilical, riser and flowline) contract to the consortium between Saipem’s subsidiary, Saipem Contracting Netherlands BV, Boshelf LLC and STAR GULF FZCO, for the...
| 1 US DOLLAR | USD / KZT | 369.98 |
| 1 EURO | EUR / KZT | 428.7 |
| 1 RUSSIAN ROUBLE | RUB / KZT | 5.64 |
| 1 CHINESE YUAN | CNY / KZT | 53.48 |
| 1 KYRGYZIAN SOM | KGS / KZT | 5.35 |
| 1 GREAT BRITAIN POUND | GBP / KZT | 486.49 |
| 1 CANADIAN DOLLAR | CAD / KZT | 284.36 |
| 1 AUSTRALIAN DOLLAR | AUD / KZT | 264.13 |
Date: October 16, 2018; Source: the National Bank of Kazakhstan
|
1 US DOLLAR |
USD / KZT |
369.98 |
|
1 EURO |
EUR / KZT |
428.7 |
|
1 RUSSIAN ROUBLE |
RUB / KZT |
5.64 |
|
1 CHINESE YUAN |
CNY / KZT |
53.48 |
|
1 KYRGYZIAN SOM |
KGS / KZT |
5.35 |
|
1 GREAT BRITAIN POUND |
GBP / KZT |
486.49 |
|
1 CANADIAN DOLLAR |
CAD / KZT |
284.36 |
|
1 AUSTRALIAN DOLLAR |
AUD / KZT |
264.13 |
| INDEX | UNITS | PRICE | CHANGE | %CHANGE | CONTRACT | TIME (EDT) | 2 DAY |
|---|---|---|---|---|---|---|---|
| CL1:COMWTI Crude Oil (Nymex) | USD/bbl. | 71.86 | +0.08 | +0.11% | Nov 2018 | 12:53 AM | |
| CO1:COMBrent Crude (ICE) | USD/bbl. | 81.08 | +0.30 | +0.37% | Dec 2018 | 12:53 AM | |
| XB1:COMRBOB Gasoline (Nymex) | USd/gal. | 195.11 | +0.68 | +0.35% | Nov 2018 | 12:49 AM | |
| NG1:COMNatural Gas (Nymex) | USD/MMBtu | 3.29 | +0.05 | +1.54% | Nov 2018 | 12:52 AM | |
| HO1:COMHeating Oil (Nymex) | USd/gal. | 233.23 | +0.66 | +0.28% | Nov 2018 | 12:30 AM |
| INDEX | UNITS | PRICE | CHANGE | %CHANGE | CONTRACT | TIME (EDT) | 2 DAY |
|---|---|---|---|---|---|---|---|
| GC1:COMGold (Comex) | USD/t oz. | 1,229.40 | -0.90 | -0.07% | Dec 2018 | 12:53 AM | |
| XAUUSD:CURGold Spot | USD/t oz. | 1,225.83 | -1.23 | -0.10% | N/A | 1:04 AM | |
| SI1:COMSilver (Comex) | USD/t oz. | 14.70 | -0.03 | -0.18% | Dec 2018 | 12:51 AM | |
| HG1:COMCopper (Comex) | USd/lb. | 277.65 | -1.20 | -0.43% | Dec 2018 | 12:53 AM | |
| XPTUSD:CURPlatinum Spot | USD/t oz. | 841.62 | -0.85 | -0.10% | N/A | 1:03 AM |
| INDEX | UNITS | PRICE | CHANGE | %CHANGE | CONTRACT | TIME (EDT) | 2 DAY |
|---|---|---|---|---|---|---|---|
| C 1:COMCorn (CBOT) | USd/bu. | 376.25 | -2.00 | -0.53% | Dec 2018 | 12:51 AM | |
| W 1:COMWheat (CBOT) | USd/bu. | 525.00 | 0.00 | 0.00% | Dec 2018 | 12:52 AM | |
| CC1:COMCocoa (ICE) | USD/MT | 2,141.00 | -19.00 | -0.88% | Dec 2018 | 10/15/2018 | |
| CT1:COMCotton #2 (ICE) | USd/lb. | 78.74 | +0.02 | +0.03% | Dec 2018 | 12:18 AM | |
| LC1:COMLive Cattle (CME) | USd/lb. | 117.98 | +1.80 | +1.55% | Dec 2018 | 10/15/2018 |
Date: October 16, 2018; Source: Bloomberg.com
Energy
| INDEX | UNITS | PRICE | CHANGE | %CHANGE | CONTRACT | TIME (EDT) | 2 DAY |
|---|---|---|---|---|---|---|---|
| CL1:COMWTI Crude Oil (Nymex) | USD/bbl. | 71.86 | +0.08 | +0.11% | Nov 2018 | 12:53 AM | |
| CO1:COMBrent Crude (ICE) | USD/bbl. | 81.08 | +0.30 | +0.37% | Dec 2018 | 12:53 AM | |
| XB1:COMRBOB Gasoline (Nymex) | USd/gal. | 195.11 | +0.68 | +0.35% | Nov 2018 | 12:49 AM | |
| NG1:COMNatural Gas (Nymex) | USD/MMBtu | 3.29 | +0.05 | +1.54% | Nov 2018 | 12:52 AM | |
| HO1:COMHeating Oil (Nymex) | USd/gal. | 233.23 | +0.66 | +0.28% | Nov 2018 | 12:30 AM |
Precious and Industrial Metals
| INDEX | UNITS | PRICE | CHANGE | %CHANGE | CONTRACT | TIME (EDT) | 2 DAY |
|---|---|---|---|---|---|---|---|
| GC1:COMGold (Comex) | USD/t oz. | 1,229.40 | -0.90 | -0.07% | Dec 2018 | 12:53 AM | |
| XAUUSD:CURGold Spot | USD/t oz. | 1,225.83 | -1.23 | -0.10% | N/A | 1:04 AM | |
| SI1:COMSilver (Comex) | USD/t oz. | 14.70 | -0.03 | -0.18% | Dec 2018 | 12:51 AM | |
| HG1:COMCopper (Comex) | USd/lb. | 277.65 | -1.20 | -0.43% | Dec 2018 | 12:53 AM | |
| XPTUSD:CURPlatinum Spot | USD/t oz. | 841.62 | -0.85 | -0.10% | N/A | 1:03 AM |
Agriculture
| INDEX | UNITS | PRICE | CHANGE | %CHANGE | CONTRACT | TIME (EDT) | 2 DAY |
|---|---|---|---|---|---|---|---|
| C 1:COMCorn (CBOT) | USd/bu. | 376.25 | -2.00 | -0.53% | Dec 2018 | 12:51 AM | |
| W 1:COMWheat (CBOT) | USd/bu. | 525.00 | 0.00 | 0.00% | Dec 2018 | 12:52 AM | |
| CC1:COMCocoa (ICE) | USD/MT | 2,141.00 | -19.00 | -0.88% | Dec 2018 | 10/15/2018 | |
| CT1:COMCotton #2 (ICE) | USd/lb. | 78.74 | +0.02 | +0.03% | Dec 2018 | 12:18 AM | |
| LC1:COMLive Cattle (CME) | USd/lb. | 117.98 | +1.80 | +1.55% | Dec 2018 | 10/15/2018 |
