Deputy Prime Minister – Minister of National Economy Serik Zhumangarin commented on the dollar exchange rate. This was reported by Qazaqyia.kz citing Sputnik Kazakhstan.
According to the vice-premier, the average dollar rate in next year's budget is set at 480 tenge. He stated this at a briefing in the government.
"In next year's budget, under the base scenario, we are considering the rate of one dollar at 480 tenge. Currently, there are no prerequisites for the tenge to depreciate," Zhumangarin said.
He also noted that at present there is no reason for the tenge to depreciate.
According to today's government report, Kazakhstan's economy is growing despite negative factors. And amid slowing inflation, the real monetary incomes of the population have increased.