ASTANA, Kazakhstan, April 8. National Bank of Kazakhstan has announced its readiness to take action if there is a risk of significant fluctuations in the exchange rate, Trend reports.
"The National Bank is closely monitoring the situation in the foreign exchange market and is prepared to take necessary measures to prevent destabilizing exchange rate swings," the Bank's statement reads.
The National Bank also pointed out that as of April 7, the volume of transactions on the KASE (Kazakhstan Stock Exchange) reached $456.4 million, nearly double the average daily volume since the start of 2025.
"External factors, including increased demand for foreign currency from non-residents due to deteriorating global risk sentiment, are putting pressure on the national currency," the National Bank explained.
Furthermore, it was noted that at this time, the National Bank is not conducting any interventions in the foreign exchange market.
