Mr. G. Marchenko’s leaving, who was a chairman of the national bank will not affect the exchange market until the end of the year, but in 2014 changes are expected, as A. Khegay, financial analyst of Forex-club.kz reported to Vласти.

“After Mr. Marchenko’s leaving the situation in the market will remain unchanged. The process (of appointment of the head of the National Bank- V) was escorted by the comment that no changes in the course of monetary policy will happen. Concerning further expectations, according to our estimates, KZT/USD course will be within the range specified by the head of the national Bank, that is will not exceed KZT 154-155 in the end of the year. Situation will be the same as before appointment of Kayrat Kelimbetiv”, the expert forecasts.

However A. Khegay does not deny  Read More.

Dmitry Mazorenko

Source: Vласть Web-Magazine.