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Kazakh tenge falls more than 2% vs dollar on Ukraine escalation

The Kazakh tenge dropped more than 2% against the dollar on Tuesday, tracking the Russian rouble which earlier came under pressure due to the escalation of the crisis over Ukraine, and prompting the central bank to intervene. On Monday Russian President Vladimir Putin recognised two breakaway regions in eastern Ukraine and has since ordered the deployment of troops there, deepening Western fears of a major war in Europe.
City Of United Kingdom Kassym Jomart Tokayev Yevgeny Vinokurov Vladimir Putin Halyk Gdrs

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Eurasian Development Bank Lists US$100 Million 2-Year Bonds On Astana International Exchange

<p><span><span lang="EN-US">Astana International Exchange (AIX, Exchange) is pleased to announce that Eurasian Development Bank (EDB, Bank) has listed US$100 million 2-year bonds with a coupon of 1.5% per annum on AIX.</span></span></p>
Gorod Astana Kairat Kelimbetov Daniyar Imangaliyev Nikolai Podguzov Eurasian Development Bank Astana International Financial Center

Western Sanctions on Belarus's Potash Industry Test Beijing-Minsk Partnership

Introduction At the beginning of September, the Belarusian news outlet Nasha Niva revealed that due to Western sanctions on Belarusbank, China had not paid another tranche of credit ($103 million) for the construction of the $2 billion Slavkaliy potash mining and processing plant in Lyuban, Belarus. The project has been stalled since June and subsequently, subcontractors have begun to leave …
Vilniaus Apskritis United Kingdom T Ai Pei Brestskaya Voblasts Homyel Skaya Voblasts Belarus General

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