MARCH 19 2013 (The Conway Bulletin) – The governor of Kazakhstan’s Central Bank, Grigori Marchenko, called for the government to grant it full independence, media reported.
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(News report from Issue No. 128, published on March 22 2013)
JAN. 10 2012 (The Conway Bulletin) – Kazakh central bank chief, Grigory Marchenko, estimated GDP growth for Kazakhstan in 2012 at 6%. This is slower economic growth than in 2011 but in a worsening global economic climate it also underlines the potential of Kazakhstan’s economy.
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(News report from Issue No. 72, published on Jan. 13 2012)
JULY 29 2011 (The Conway Bulletin) – In a scene reminiscent of Soviet times, several central bankers in Turkmenistan admitted during a broadcast on state television that they had stolen millions of dollars, news agencies reported. The bankers were given lengthy prison sentences.
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(News report from Issue No. 51, published on Aug. 2 2011)
MAY 19 2011 (The Conway Bulletin) – Russia and the other former Soviet states endorsed current Kazakh Central Bank chief, Grigory Marchenko, to replace Dominique Strauss-Khan as head of the IMF. The IMF chief has traditionally been a European but countries from outside Europe are pressurising the IMF to pick an outsider.
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(News report from Issue No. 41, published on May 24 2011)
FEB. 28 2011 (The Conway Bulletin) – The Kazakh Central Bank scrapped a two-year valuation corridor for the tenge in favour of a managed float. Kazakhstan introduced a 145-155 tenge/$1 corridor in Feb. 2009 after it devalued the tenge by 18% during the global financial crisis. Rising oil, grain and metals prices have pushed up the value of the tenge.
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(News report from Issue No. 29, published on Feb. 28 2011)