Devaluation should be conducted under fluctuating currency rate - Zhandosov
Almaty. March 4. KazTAG - Tenge devaluation should be conducted under fluctuating currency rate, said economist Oraz Zhandosov.
"I believe we need devaluation, but this time, I don’t want to say before inauguration, but after inauguration, it should be conducted transferring to fluctuation rate, as it was in 1999," said Zhandosov at the summit CFO Idea Exchange & Networking Event.
The economist reminded in 1999 "from free fluctuation which lasted from April to October 1999, the country reached the fixed rate".