End of problems with the "liquidity"?

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The National Bank assured that every region of Kazakhstan has large cash reserves

The market of national cash currency is calm in general. According to National Bank, most exchange offices carry out purchase and sale of domestic and foreign currency. This was announced today at a briefing in the Service of Central Communications by the deputy chairman of the National Bank Oleg Smolyakov.

"We have sufficient reserves of cash in tenge and foreign currency", - Smolyakov assured the public today. In addition, each branch of the National Bank has the national currency in cash in the amount sufficient for the needs within one and a half month.

"Reinforcements and substantial demand for foreign currency from banks was not observed". Oleg Smolyakov concluded that the excitement of the first days after the collapse of tenge was due to the fact that "the exchange offices had defined price targets and waited, at what level will be fixed rate of tenge".

"Now the excitement has passed", - says O. Smolyakov.

Zhanar Birlikkyzy