Trading on commodity exchanges will be suspended in Kazakhstan due to protests – RBK

The Agency for the Protection and Development of Competition has recommended suspending trading on commodity exchanges amid the unrest in the country. Earlier, the authorities limited the prices for automobile fuel, the growth of which sparked protests.

Photo: Pavel Mikheev / Reuters

The Agency for the Protection and Development of Competition of Kazakhstan recommended to suspend trading on commodity exchanges, reported department.

Because of the riots in the republic, a state of emergency has been introduced, and maximum prices for motor fuel have been set.

“The issue of the resumption of exchange trading will be considered after the stabilization of the situation in the country,” the statement says.

The doubling of the price for liquefied gas since the beginning of the year led to protests in the Mangistau region, which subsequently escalated into riots in large cities.

Protests and the state of emergency in Kazakhstan. The main thing

Photo: Maria Gordeeva / Reuters



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