Kazakhstan to Sell Up to $500 Million From National Fund in May

By Assel Satubaldina in Business on 12 May 2026

ASTANA - Kazakhstan is expected to sell up to $500 million from its National Fund in May to support budget transfers, even as analysts warn the recent strengthening of the tenge may not reflect underlying economic fundamentals. According to a statement from the National Bank of Kazakhstan released on May 4, …

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