Taking over the top job at the National Bank of Kazakhstan (NBK) in November 2015, Daniyar Akishev Talgatovitch had to deal with the residue of an interventionist monetary policy based on devaluations, which had left nothing but resentment and mistrust.
The answer for the career central banker (promoted from deputy governor) was to reduce intervention in the management of the Kazakh tenge exchange rate, and thereby enhance transparency.
