Which of the following most likely results in devaluation of tenge? a. Inflow of portfolio investments from Russia to Kazakhstan O b. Decrease in oil consumption in China, major importer of oil produced in Kazakhstan c. Increase in world oil prices (oil is a major export item for Kazakhstan) O d. Positive changes in perception of the investment climate in Kazakhstan e. Decrease in the supply of tenge in the foreign exchange market

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Which of the following most likely results in devaluation
of tenge?
Inflow of portfolio investments from Russia to
Kazakhstan
O b. Decrease in oil consumption in China, major
importer of oil produced in Kazakhstan
c. Increase in world oil prices (oil is a major export
item for Kazakhstan)
O d. Positive changes in perception of the
investment climate in Kazakhstan
e. Decrease in the supply of tenge in the foreign
exchange market
Transcribed Image Text:Which of the following most likely results in devaluation of tenge? Inflow of portfolio investments from Russia to Kazakhstan O b. Decrease in oil consumption in China, major importer of oil produced in Kazakhstan c. Increase in world oil prices (oil is a major export item for Kazakhstan) O d. Positive changes in perception of the investment climate in Kazakhstan e. Decrease in the supply of tenge in the foreign exchange market
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