from The American Heritage® Dictionary of the English Language, 4th Edition
- n. See Table at currency.
from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. The basic monetary unit of Kazakhstan; subdivided into tiyin.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- n. 100 tenge equal 1 manat in Turkmenistan
- n. the basic unit of money in Kazakhstan
Second, people are confused as to whether to hold their savings in dollars (which are expensive now, but might fall in price again) or tenge, which is weakening.
The audit revealed that the Church of Scientology had earned about 30 million tenge in recent years (more than $200 thousand).
They purchased it for some 1000 tenge and decided to install it in front of their business.
By contrast, the Romanian leu has gained 1% against the dollar and Kazakhstan's tenge is little changed this month.
As if to confirm, dass cites official statistics for embezzlement since the beginning of this year – about nine billion tenge (over $60 million) – and adds his own mathematical reasoning [ru]:
Assuming that the majority of theft has not yet been discovered, and a part of the cases is still in the process of investigation, I estimate the total volume of embezzlement to be about 200 billion tenge for the current year.
Kazakhstan is investigating the alleged illegal production of crude oil worth 212 billion tenge ($1.44 billion) by
A spokeswoman for the financial police alleged that the consortium in 2008 produced 1.1 million metric tons of oil and 94,000 tons of gas condensate in excess of its approved quota, giving it "illegal revenues" of 104 billion tenge ($708 million).
The central bank cited falling oil prices and the devaluation of Kazakhstan's trading partners 'currencies as key reasons for the devaluation of the currency, the tenge.
Grigoriy Marchenko said the central bank couldn't make a decision to devalue the tenge until the state took controlling stakes this week in BTA Bank and Alliance Bank, Kazakhstan's biggest and fourth-biggest banks by assets.
Wordnik is becoming a not-for-profit! Read our announcement here.