Tenge strengthens following signal from National Bank of Kazakhstan

02.12.2025

The Association of Financiers of Kazakhstan has prepared a market review.

The USDKZT rate fell to 512.57 tenge per dollar on Friday (a decrease of 4.21 tenge), with a trading volume of $404.1 million (an increase of $115.6 million). Although the decision to keep the base rate at 18% was largely priced into quotations, a statement by the National Bank (NBK) may have provided...