Measures are being taken in Kazakhstan to stabilize the currency market. Notably, fluctuations have been observed in recent weeks. The change in the exchange rate of the tenge is associated with the influence of external factors, as stated by Deputy Prime Minister and Minister of National Economy Nurlan Baibazarov at a press conference. The Cabinet of Ministers plans to keep the situation under control to curb inflation in the country by saturating the domestic market with goods, protecting competition, and regulating foreign trade and tariffs. Baibazarov noted that to prevent an increase in the price of socially significant goods, it is planned to use the food reserves from the new harvest. More than 826,000 tonnes of food are stored by the agrarians in stabilization fund warehouses. Additionally, all social obligations of the state will be fully met.
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