Kazakh Foreign-Currency Deposits Climb to 9-Month High on TengeBy and
Tenge deposits drop 4.1% in October as currency woe persists
Central bank abandoned defense of tenge in August as oil fell
Kazakh foreign-currency deposits approached a nine-month high in October as the tenge continued to slide after the government abandoned its defense of the currency, encouraging companies and households put their cash in banks.
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