Kazakhstan National Bank to Sell $910 Million, Explore Digital Tenge
The National Bank of Kazakhstan plans to gradually sell $910 million on the foreign exchange market, according to its head, Timur Suleimenov. He stated that the sales will not impact the fundamental functioning of the currency market and are not linked to new transfers from the National Fund. Suleimenov also addressed increased currency trading volumes, attributing them to fundamental factors like a strong balance of payments and export surplus.
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