Astana, Kazakhstan, April 24. Chairman of the
National Bank of Kazakhstan Timur Suleimenov and Governor of the
Central Bank of Türkiye Fatih Karahan have signed a bilateral
currency swap agreement between the Kazakh tenge and the Turkish
lira, Trend
reports via the press service of Kazakhstan’s National Bank.
The National Bank of Kazakhstan noted that the agreement will
simplify mutual settlements between the two countries and reduce
currency risks. Additionally, it is expected to boost trade between
Kazakhstan and Türkiye.
The signing of the document took place during the Spring
Meetings of the International Monetary Fund and the World Bank
Group in Washington.
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