Dushanbe. 28 August. “Asia Plus” — National Bank of Tajikistan (NBT) is once again assures the population of the republic that the situation on the currency market “is under a strict control.” Regulator calls not to take into account the unsubstantiated material that has been lately printed in the media.
The National Bank notes that over the past two weeks there were the price leaps in the world markets.
“People”s Bank of China on the background of economic weakening of the country has reduced the yuan towards the US dollar by more than 3%, which, in turn, led to a chain reaction in the world economy, contributing the drop of prices on almost all the world”s stock markets” – said in the NBT statement.
The controller, stressing that China is the second largest economy in the world, has noted that the economic slowdown and the weakening of the currency of the country have affected the value of the goods, in particular the price of oil. “After this began the devaluation of a number of oil-exporting countries, including Russia, Kazakhstan and other countries that have close cooperation with China,” – believe in the NBT.
The statement describes the “Black Monday” (24 August), when there was the most large-scale collapse of the stock this year on the world”s stock exchanges.
“Thus, in the last two weeks (from 10 to 24 August 2015), the Russian ruble has depreciated by 12%, Kazakh tenge by 33%, the Turkish lira by 5%, the Chinese yuan by 3%, the Belarusian ruble by 7%. Despite the close cooperation of Tajikistan with some of these countries, the market rate of somoni, due to the adoption of timely action by the National Bank of Tajikistan, in particular the usage of the monetary policy levers, fell by no more than 2.1% “, – emphasized in Tajik regulator.
The NBT note that in the last days (August 25 and 26), the world”s stock and currency markets have shown positive results. “The first signs of improvement have led to an increase of indices of American and European funds at the level of 3%, Russian market has been enliven after strengthening of ruble and prices rising on the Bren petroleum”, – emphasize in the National Bank.
It is noted that “on this basis, after a small rise of the currencies of the countries – trade partners of Tajikistan, there is a strengthening of the market rate of national currency – somoni (0.7%).”
