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U.S. DOLLAR / KAZAKHSTANI TENGE

Correlation between USD-KZT with oil

By gnurzhan
Hey traders and investors! Just curious anyone ever thought if there is any correlation between the USDKZT rate with oil prices or indices? Looking at other petrocurruncies I am flabbergasted how the USD-KZT can have its own trend and story to stride up and down when there is no reason for that. Have you suspected there is an interference of the clumsy state hand in manipulation of rates?
Beyond Technical AnalysiscorrelationsCurrenciesexchangerateIndicesoilpricestatesTrend Lines

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