Russia & CIS

Monthly political risk, economic forecasts and business environment analysis on each country market

Latest Russia & CIS Analysis

Currency Forecast - KZT: Improving Fundamentals Drive Further Appreciation - JULY 2017

After a strong performance in Q117 the Kazakh tenge will stabilise against the US dollar in the short term. Over the longer term, rising global oil prices and domestic energy production, the central bank's commitment to inflation targeting, and tenge outperformance versus the Russian rouble will support further appreciation over the next two years._x000d_