Kazakhstan's central bank said on Monday it sold foreign currency worth $421.9 million from its own reserves on the domestic market last week, as well as $240.2 million from the rainy-day National Fund.
The local tenge has come under pressure since Russia, Kazakhstan's neighbour and major trade partner, invaded Ukraine on Feb.24.
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Australia's IGO sees delay in $800 million Western Areas takeover amid nickel market volatilityAustralian nickel and lithium miner IGO Ltd said on Monday its A$1.10 billion ($799.7 million) takeover of Western Areas would be delayed due to the recent volatility in nickel prices after Russia's invasion of Ukraine.Shares of IGO slid as much as 7.5per cent after the company said it would now close the
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