YEREVAN, August 21. /ARKA/. The Asian Development Bank has approved a $1-billion loan for Kazakhstan, Prime reports referring to the information received from the bank.

Earlier, Kazakhstan's national currency tumbled after the country embarked on a new monetary policy letting the tenge freely float.

The word of the new policy triggered a 26% devaluation of tenge over 24 hours. The currency plummeted to 255.26 tenge per one dollar. On Friday, the dollar weakened a little – by 2.79 tenge.

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YEREVAN, February 16. / ARKA /. The Asian Development Bank (ADB) has made all its economic and development research on Asia and the Pacific available under “open access initiative”, a principle that promotes unrestricted online access to scholarly research so that it can be more widely distributed and used, the multilateral lender said Thursday

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Jack Ma, founder and executive chairman of China’s Alibaba Group, has become the richest person in Asia, China.org.cn reports

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Asian markets look set for a rough ride on Thursday after minutes from the Federal Reserve July policy meeting were taken as affirming the outlook for a near-term tapering in stimulus, sending Treasury yields to two-year highs

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Asian stocks tumbled Tuesday as spreading worries that a reduction in the Federal Reserve’s bond purchases would hurt demand for emerging market assets slammed equities in both the region’s emerging and developed nations

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