Kazakh President Ousts Central Bank Head After Tenge Tumble
Kazakhstan’s President Nursultan Nazarbayev replaced central bank governor Kairat Kelimbetov after he devalued the currency twice in his two-year tenure. Daniyar Akishev, who serves in the presidential administration, was appointed in Kelimbetov’s place, according to a presidential decree posted on Nazarbayev’s website Monday. The tenge weakened 0.4 percent to 281.18…
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