增加哈萨克斯坦在外债偿债的压力。随着哈萨克斯坦的外债规模逐年增加，坚戈

Increase the pressure on Kazakhstan to repay its foreign debt. As Kazakhstan’s foreign debt increases year by year, the depreciation of the tenge will further increase Kazakhstan’s debt repayment pressure. For the Kazakhstan banking industry, which is highly dependent on the external leverage of the international financial market, the devaluation of the tenge will reduce its financing capacity in the international financial market, and bring great difficulties to the Kazakhstan banking system that has not fully recovered from the impact of the international financial crisis. Big challenge. <br>6. Conducive to protecting Kazakhstan's foreign exchange reserves. In recent years, benefiting from the U.S. dollar income from energy exports, Kazakhstan's foreign exchange reserves have maintained a steady growth trend, which has played an important role in the recovery of Kazakhstan's economic growth after the world financial crisis. In order to maintain the stability of the exchange rate of the tenge, the Central Bank of Kazakhstan has repeatedly sold the U.S. dollar to stabilize the exchange rate. The open market operation and regulation of the Central Bank of Kazakhstan and the initiative to lower the exchange rate will help release the devaluation pressure of the tenge and help protect Kazakhstan. Stan’s foreign exchange reserves reduce the country’s capital outflow

增加哈萨克斯坦在外债偿债的压力。随着哈萨克斯坦的外债规模逐年增加，坚戈贬值将进一步加大哈萨克斯坦的偿债压力。而对于高度依赖国际金融市场外部杠杆的哈萨克斯坦银行业而言，坚戈贬值将降低其在国际金融市场上的融资能力，给尚未完全从国际金融危机冲击中恢复的哈萨克斯坦银行体系带来很大挑战。<br>6、有利于保护哈萨克斯坦外汇储备。近年来，受益于能源出口带来的美元收入，哈萨克斯坦外汇储备保持稳定增长的趋势，为哈萨克斯坦在世界金融危机后恢复经济增长发挥了重要作用。为保持坚戈汇率稳定，哈萨克斯坦央行多次采取抛售美元的方式稳定汇率，哈萨克斯坦央行这种公开市场操作调控、主动采取降低汇率的方式，有助于释放坚戈贬值压力，有利于保护哈萨克斯坦外汇储备，减少本国资本流出

Increase the pressure on Kazakhstan to repay its foreign debt. With the increasing scale of Kazakhstan's foreign debt year by year, the devaluation of tenge will further increase the pressure on Kazakhstan to repay debts. However, for Kazakhstan's banking industry, which is highly dependent on the external leverage of the international financial market, the devaluation of tenge will reduce its financing ability in the international financial market and bring great challenges to the Kazakhstan banking system which has not yet fully recovered from the impact of the international financial crisis.<br>6. It is conducive to the protection of Kazakhstan's foreign exchange reserves. In recent years, thanks to the dollar income from energy exports, Kazakhstan's foreign exchange reserves have maintained a stable growth trend, which has played an important role in Kazakhstan's economic recovery after the world financial crisis. In order to maintain the stability of the tenge exchange rate, the Central Bank of Kazakhstan has repeatedly adopted the way of selling US dollars to stabilize the exchange rate. This open market operation and control and the initiative to reduce the exchange rate of Kazakhstan's central bank will help to release the pressure of tenge depreciation, protect Kazakhstan's foreign exchange reserves and reduce the outflow of domestic capital<br>