March 23, 2020 / 7:53 AM / in 7 days

Kazakh president orders mandatory FX sales by state companies

ALMATY, March 23 (Reuters) - Kazakh President Kassym-Jomart Tokayev ordered state-owned companies on Monday to start selling part of their foreign currency revenue on the domestic market in order to support the local tenge currency, his office said. (Reporting by Olzhas Auyezov; Editing by Toby Chopra)

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