In August-September the National Bank of the Republic of Kazakhstan purchased $139.7 million on the market over the foreign exchange interventions, the financial regulator’s press service reported.
“In August and September, the interventions amounted to $70 million and $69.7 million respectively,” Director of the Monetary Operations Department of the National Bank of Kazakhstan Aliya Moldabekova said during a roundtable with reporters in Almaty city.
According to her, the National Bank of Kazakhstan reserved the right to perform currency interventions to prevent any destabilizing shocks, without interference with the fundamental trend. (Kazinform/Business World Magazine)
