Geum.ru

Сми о Казахстане (19-26 января 2009 года) оглавление

Вид материалаДокументы
ЭКОНОМИКА The REUTERS,, January 21, 2009, by Raushan NURSHAYEVA, Olzhas AUYEZOV; KAZAKHSTAN SAYS RAISED GAS TRANSIT FEE BY 21 PC
The REUTERS (USA), January 19, 2009, By Olzhas AUYEZOV, David HOLMES, KAZAKH KKB, HALYK TO GET $1 BLN EACH IN JAN –GOVT
The REUTERS, January 19, 2009, Raushan NURSHAYEVA; Olzhas AUYEZOV UPDATE 1-KAZAKH TENGE TO FALL NO MORE THAN 10 PCT IN '09
Подобный материал:
1   2   3   4   5   6   7   8   9   ...   41

ЭКОНОМИКА




The REUTERS,, January 21, 2009, by Raushan NURSHAYEVA, Olzhas AUYEZOV; KAZAKHSTAN SAYS RAISED GAS TRANSIT FEE BY 21 PCT



Kazakhstan has raised the fee for the transit of Uzbek and Turkmen gas to Russia by 21 percent from the beginning of 2009, Energy Minister Sauat Mynbayev said on Wednesday.

Kazakh state oil and gas company KazMunaiGas [KMG.UL] and Russia's Gazprom (GAZP.MM) signed a deal on December 31 last year raising the fee to $1.7 per 1,000 cubic metres per 100 kilometres from $1.4, Mynbayev told a government meeting.

The REUTERS (USA), January 19, 2009, By Olzhas AUYEZOV, David HOLMES, KAZAKH KKB, HALYK TO GET $1 BLN EACH IN JAN –GOVT


Kazakhstan's second-largest bank Kazkommertsbank (KKB) (KKGByq.L) KKGB.KZ and No.3 lender Halyk (HSBKq.L) HSBK.KZ will get $1 billion each in state funds this month, the government said on Monday.

Last week, the two banks signed deals paving the way for their partial nationalisation. Kazkommertsbank is due to get a $300 million capital injection while Halyk is set to receive $500 million.

Both banks will sell stakes of up to 25 percent to the national welfare fund Samruk-Kazyna as part of the deal.

They will also get additional funding as part of the government's $21 billion economic stimulus plan, Samruk-Kazyna Chief Executive Kairat Kelimbetov said.

"By January 31 we will have transferred $1 billion to each of the two banks," the government statement quoted him as saying. It said the $2 billion included capital injections.

Kazakh banks have been hit hard by the global financial crisis due to their reliance on foreign borrowing, heavy involvement in construction and real estate and aggressive expansion in the last few years.

The REUTERS, January 19, 2009, Raushan NURSHAYEVA; Olzhas AUYEZOV UPDATE 1-KAZAKH TENGE TO FALL NO MORE THAN 10 PCT IN '09



Any weakening of Kazakhstan's national tenge currency against the dollar this year should be capped at 10 percent, Economy Minister Bakhyt Sultanov said on Monday.

Low prices for oil and metals, Kazakhstan's key exports, are putting the pressure on the tenge to devalue, but such a move would hurt banks which have about $40 billion in foreign debt.

"We think that the devaluation limit is 10 percent and it should be smooth and spread over a long period of time," Sultanov told reporters. "This is what our financial system would be able to withstand."

The Russian rouble and the Ukrainian hryvnia have devalued significantly over the last few months leading to a decrease in the prices of imported goods for Kazakh consumers and a tougher competition for local producers.

"We need to find a balance here," Sultanov said.

"A sharp devaluation would make it harder for the financial system to repay external debt. On the other hand, (Kazakh) companies' competitiveness is undermined by devaluation in the neighbouring countries."

Kazakhstan, hit hard by the global financial crisis, unofficially pegged the tenge to the dollar in late 2007 and kept the exchange rate between 120 and 121 tenge throughout last year, a task made easier by high oil prices at the time.

But last week the rate broke out of the corridor with the tenge falling below 121.0 per dollar. The central bank had earlier said it defined acceptable exchange rate fluctuations as plus or minus five percent a year.

Kazakh banks are due to repay $10.6 billion in foreign debt this year and another $7 billion in 2010.

Сайт «EurasiaNet» (США), January 23, 2009, KAZAKHSTAN: PANIC BUYING OF US DOLLARS



Panic buying of US dollars sent the value of the Kazakhstani currency tumbling and helped stoke record trading volume on the Kazakh stock exchange (KASE) on January 23.

According to the KASE website, the tenge hit a low of 122.30 against the dollar before later stabilizing at 121.60. Trading on the foreign exchange has exploded since the recent appointment of financier Grigori Marchenko as chairman of the National Bank.

Trading volume on January 23 amounted to $1.15 billion, up sharply on the previous day’s trade of $210.5 million. Marchenko is rumored to be considering a steady devaluation of the tenge similar to a move in neighboring Russia, where banks have sought to manage the ruble’s fall against the dollar rather than allowing it spiral down uncontrollably. The ruble this week is just slowly beginning to recover after hitting a six-year low against the dollar on January 14.

Kazakh economy minister Bakhyt Sultanov has insisted the tenge will not be devalued by more than 10 percent. The Kazakhstani government reportedly spent a half-billion dollars on January 23 to contain the tenge’s slide.