ALMATY, Kazakhstan -- The sharp decline of crude oil prices is threatening to derail Kazakhstan's economy and send its currency into a free-fall.
Economy
Oil price plunge thrusts Kazakhstan into crisis mode
Saudi-Russian spat slams local currency and compounds coronavirus fallout
Hydrocarbon-reliant Kazakhstan's budget is based on oil trading at $55 a barrel; the price recently dropped below $40. © Reuters
Read Next
.jpg?width=178&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=100)
Latest on Economy
