Kazakhstan to Sell Up to $500 Million From National Fund in May

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan is expected to sell up to $500 million from its National Fund in May to support budget transfers, even as analysts warn the recent strengthening of the tenge may not reflect underlying economic fundamentals. According to a statement from the National Bank of Kazakhstan released on May 4, the tenge had strengthened… The post Kazakhstan to Sell Up to $500 Million From National Fund in May appeared first on The Astana Times.