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Kazakhstan's national currency reaches all-time low versus dollar

January 12, 11:58 UTC+3 ASTANA
During the morning trading session the Kazakhstani tenge reached a low of 367 to the dollar, a drop of almost 3%
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Currency exchange office, Astana, Kazakhstan

Currency exchange office, Astana, Kazakhstan

© EPA/MAXIM SHIPENKOV

ASTANA, January 12. /TASS/. According to the results of the morning trading session on the Kazakhstan Stock Exchange (KASE) the dollar rose by 5.74 tenge, reaching 362.62 tenge, an all-time low. During the session, the Kazakhstani tenge reached a low of 367 to the dollar, a drop of almost 3%.

At the same time, in the exchange offices of Astana and Almaty, the US dollar is being sold for 369-370 tenge per dollar, up 10 tenge from the mark of Monday, January 11.

On August 20 Kazakhstan changed to a new economic policy based on a free-floating exchange rate of tenge.

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