Arman Beisembaev
Arman Beisembaev is a prominent Kazakh economist known for his insights into the national currency's dynamics and consumer behavior in Kazakhstan. In a recent news article, he discussed the strengthening of the tenge against the dollar, attributing this trend to various economic factors such as seasonal consumer activity and fluctuations in currency value due to regional influences, particularly the Russian ruble. He emphasized that the currency's performance is influenced by a multitude of factors and highlighted the importance of consumer spending patterns following major holidays.
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Kazakhstan:
Arman Beisembaev explains that the current drop in oil prices will not be immediately felt in the Kazakh economy.
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Kazakhstan:
Arman Beisembaev expressed skepticism about the economic impact of new foreign banks entering Kazakhstan's banking sector.
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Kazakhstan:
Arman Beisembaev explained that the strengthening of the tenge follows the strengthening of the ruble.
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