Примеры использования Devaluation of tenge на Английском языке и их переводы на Русский язык
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Official
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Colloquial
Surprise devaluation of Tenge.
We expect increase of net profit for exporters in 2015 year, butat less extend than devaluation of tenge to dollar.
Adjusted for devaluation of Tenge.
Large devaluation of Tenge in 2015 and an economic downturn had not been reflected in bank asset quality yet.
The reason lies in 25% devaluation of tenge.
Adjusted for devaluation of Tenge and income from investments.
Net interest expense almost doubled YoY to T11.1bn,of which T9.9bn was attributable to FX loss due to February devaluation of tenge.
Surprise devaluation of Tenge- Economic analysis and interest rates/ FX and interest rates.
We estimate a dividend of T777 per common share, ordividend yield of 6.5% per GDR mostly owing to foreign exchange gain on cash assets after devaluation of tenge.
Capital injection and devaluation of Tenge, which happened in early February, are not yet reflected in the data.
NIM and NIS indicators which declined since the beginning of 2016 are pressured by February maximum rate increasefrom 10% to 14%, also high dollarization together with the devaluation of tenge in the past year with weak growth of the loan portfolio.
As a result of devaluation of Tenge the Group incurred foreign exchange loss of KZT 7,510,748 thousand for the year ended 31 December 2014.
In particular, it was announced that the NBK will not allow a simultaneous shock devaluation of tenge, and the monetary policy will keep the exchange rate changes as smooth and flexible.
Devaluation of tenge had a positive effect on performance of stocks of KazMinerals, KMG EP and Nostrum Oil& Gas on a day of devaluation of KZT.
Strengthening of tenge to ruble substantially mitigated the devaluation of tenge to US dollar, which favors a small reduction of prices given the high share of imports from Russia.
Devaluation of Tenge has a negative effect on the companies, whose revenues are in Tenge, but expenses, at least partly, in FX, namely, Kcell, KazTransOil and KEGOC.
In nominal terms, the size of the transfer(guaranteed and target) increased by about KZT 400 billion, butin dollar terms due to the devaluation of tenge has decreased by nearly $3 billion in comparison with 2015 when transfers totaled $11 billion.
Firstly, it is worth noting the devaluation of tenge that occurred in 2015 summer, as a result, already insignificant middle class had shrunk rapidly.
It was the case in 2008-2009 during the global financial and economic crisis, and the situation may be aggravated by the current crisis withinthe global economy and by the August 2015 devaluation of tenge- the national currency of Kazakhstan.
In addition after devaluation of tenge the product prices have grown practically for all, except for the customs control, where the rate has remained at 7 thousand tenge. .
In view of cost-push inflation, as factors of production prevail, especially influenced by commodity prices, and depressed consumer demand, we see the possibility for inflation to take hold at the level of 7.5% at the end of the current year, if the potential increase of tariffs(which were commented by the President) will be postponed to the next year, andthere will be no further devaluation of tenge relative to other currencies.
The pass-through effect of devaluation of tenge to US dollar and the ruble would support a rise in prices of goods at around above 1% per month until the end of the year.
The devaluation of Tenge, tightened exchange rate peg and lack of clear communication over the NBK's actions increased the uncertainty over liquidity support in the long-term.
Low leverage ensures stable financial position, and the devaluation of Tenge in 2015 should have a positive impact on the company's profitability due to the reduction of operating costs.
The effect of the devaluation of tenge in 2015-2016 years evaporated, but there are certain doubts about the reliability of the official data due to dramatically weakening inflation in December 2017.
We believe that the devaluation of Tenge is a negative for Kcell, as KZT's weakening would lead to a rise in Tenge cost of the Company's capex, which is incurred partially in FX and totaling to c. $100-120pa.
Secondly, besides the devaluation of tenge, the long-term negative trend in the social and economic sphere caused a price fall in main export goods: hydrocarbons, grain, non-ferrous and ferrous metals.
Yields on Eurobonds rose by 37-153bp on the back of tenge devaluation.
How does devaluation of the tenge affect the investment attractiveness of the country?
As a result of tenge devaluation the bank reported a revaluation gain of T107.5bn on trading operations with FX swaps.