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Country's move to float currency lauded

It has brought forward a scheduled change of its currency.

Mr Kelimbetov said major changes in the global economic situation led to the shift to a free-floating exchange rate.

KAZAKHSTAN'S move to fast forward a scheduled change of its currency, the tenge, to a free-floating exchange rate last week has been generally positively received.

National Bank chairman Kairat Kelimbetov said the National Bank and the International Monetary Fund had been working together