National Bank denies rumors on second wave of devaluation
18:42, 15 July 2009
ALMATY. July 15. KAZINFORM /Daniyar Sikhimbayev/ Kazakhstan will not face the second wave of devaluation by year end, Chairman of the National Bank Grigory Marchenko has made it public at a special briefing in Almaty today.
The Head of the National Bank informed of the rumors on possible devaluation spread in Almaty and Astana. "The February 4 devaluation was quite enough for us. There will be no second, third or fifth wave devaluation this year", he said.