Kazakh Central Banker Ouster Ends Tenure That Began After Riots

The Kazakh president dismissed Galymzhan Pirmatov as central bank governor and named Timur Suleimenov to replace the official who led the institution after riots shook the country over a year ago.

The Senate voted to approve Suleimenov’s candidacy on Monday soon after Tokayev issued a decree removing Pirmatov, 51, from the post he’d held since February 2022. The tenge weakened after the announcement, closing down 0.2% against the dollar, according to data compiled by Bloomberg.

Source link