Kazakhstan

Kazakhstan (i/ˌkæzækˈstɑːn, ˌkɑː-, -zɑːk-, -ˈstæn/;Kazakh: Қазақстан, Qazaqstan), officially the Republic of Kazakhstan, is a country in Central Asia, with a minor part west of the Ural River and thus in Europe. Kazakhstan is the world's largest landlocked country by land area and the ninth largest country in the world. Its territory of 2,724,900 square kilometres (1,052,100 sq mi) is larger than all of Western Europe. By 2006, Kazakhstan had become the dominant nation of Central Asia economically, generating 60% of the region's GDP, primarily through its oil/gas industry. The country has vast mineral resources.

It has borders with (clockwise from the north) Russia, China, Kyrgyzstan, Uzbekistan, and Turkmenistan, and also adjoins a large part of the Caspian Sea. The terrain of Kazakhstan includes flatlands, steppe, taiga, rock canyons, hills, deltas, snow-capped mountains, and deserts. With an estimated 18 million people as of 2014, Kazakhstan is the 61st most populous country in the world. Given its large land area, its population density is among the lowest, at less than 6 people per square kilometre (15 people per sq. mi.). The capital is Astana, where it was moved in 1997 from Almaty.

Latest News for: Bank kazakhstan

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Charting the global economy: GDP declines in US, rises in Europe | Mint

Live Mint 30 Jul 2022
Euro-zone inflation climbed to another all-time high, supporting calls for the European Central Bank to follow up its first interest-rate hike since 2011 with another big move ... Other increases in interest rates this week besides the Fed included central banks across the Middle East as well as those in Kazakhstan, Hungary, Lesotho and Colombia....
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Kazakh central bank seen keeping policy rate at 14%

Reuters 22 Jul 2022
ALMATY, July 22 (Reuters) - Kazakhstan's central bank appears likely to keep its benchmark interest rate (KZCBIR=ECI) at 14% on Monday as inflationary risks remain elevated, according to analysts surveyed in a Reuters poll....
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Kazakh central bank seen keeping policy rate at 14%: Reuters Poll

FX Empire 22 Jul 2022
ALMATY (Reuters) – Kazakhstan’s central bank appears likely to keep its benchmark interest rate at 14% on Monday as inflationary risks remain elevated, according to analysts surveyed in a Reuters poll ... At its policy meeting last month, the bank held the rate and said it would ......
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ADB slashes Asia growth forecast as fuel, food prices rise

The Philadelphia Inquirer 21 Jul 2022
... stretches from the Cook Islands in the Pacific to Kazakhstan in Central Asia -- the bank cut its 2022 growth forecast to 4.6 percent....

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