A week late, but last weeks Economist [economist.com, some registration necessary, "Pegs under pressure" 7 oct 2015], seems to have an article inspired by a graph we posted earlier. It could be completely coincidental of course.
Showing posts with label Kazakhstan. Show all posts
Showing posts with label Kazakhstan. Show all posts
Monday, October 26, 2015
Tuesday, September 15, 2015
The sight of inevitability
Kazakhstan has been devaluing it's currency since last month. See the story in the FT for some comments by the Central Bank Chief Kairat Kelimbetov.
Azerbaijan has been doing the same at the beginning of the year, while Saudi Arabia has been running down its reserves. I put some of these series together in a graph (sorry for the overflow to the right).
Azerbaijan has been doing the same at the beginning of the year, while Saudi Arabia has been running down its reserves. I put some of these series together in a graph (sorry for the overflow to the right).
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