Elena Lykov. Tenge per day has fallen by 26% as a result, the floating of the national currency of Kazakhstan and 31% for the period from January this year, becoming the leader in scale devaluation this year, say analysts. in their vision, the introduction of free floating exchange rate the government of Kazakhstan is due to the greater flexibility of exchange rates neighbors - Russia and China, and the decrease in oil prices. on Thursday, Prime Minister of Kazakhstan Karim Massimov has announced about the fact that Kazakhstan has launched a new monetary policy based on besprepjatstvenno floating Tenge exchange rate and abolished the currency corridor. Kazakhstan currency market immediately reacted to this message - the average weighted rate of KZT on the morning of the main trading session on Kazakhstan stock exchange (KASE) on Thursday was at the level of 255, 26 Tenge per dollar against 188, 38 KZT on Wednesday, falling to 35, 5%, inform the data of the exchange. Such a drastic reduction analysts called that a real collapse. The Kazakh economy is also a critical way (even more than Russia depends on oil prices, and the government of Kazakhstan believes that the price of oil have the ability to drop down to 30 dollars per barrel, says the head of analytical Department of IC "Zerich capital Management" Nikolay podlewski. "As you can see, the decrease in oil prices exacerbates the currency war that threaten the beginning of a serious crisis," he comments. Kazakhstan's transition to a floating exchange rate was a foregone conclusion against a backdrop of increased flexibility in exchange rates neighbors - Russia and China, also says Stanislav Kleshchev from " VTB 24 ". In combination with the continuing decrease in prices for " black gold ", it has accelerated the adoption of this decision Astana, he adds. But the story of a fallen Tenge is just Another illustration of what is happening race of devaluations, the analyst specifies." Excessive weakening of the national currency can lead to very unfortunate consequences, ranging from forcible disbanding of inflation and falling real funds coming residents and ending with the change of political regimes, " he said. "Kazakhstan has moved to a floating exchange rate of the national currency, which resulted in the collapse of the Tenge on the quarter-dollar, becoming on a par with Belarusian ruble and the Ukrainian hryvnia leader in scale devaluation for the period from January of this year," - said the mites. in the end, the devaluation of the Tenge over the period from January of this year now stands at 31% - significantly enough, considering how much money the Central Bank has spent on intervention and stabilization, as long as the oil fell in price, adds Anna Bodrova of " Alpari ". Although in the case of the ruble even after the incident of Tenge devaluation continues to be in relation to "expensive" - 0, 26 rubles per Tenge against the average for the last 10 0 years, 21 of the ruble, which retains competitive advantages of Russian manufacturers in the market of Kazakhstan, at the same time observes the analyst. Another reason for the devaluation is long ago announced the Transition to inflation targeting and new deal monetary policy, emphasizes Bodrov of " Alpari "." A sad example of Russia, which chose To implement this strategy extremely disastrous moment, Kazakhstan's neighbor learned nothing, " she adds. in this devaluation exists and plus, says Bodrov of " Alpari ". Simultaneous reduction of Tenge will not give the opportunity to reduce the expenditure side of the Kazakhstan budget, and that this means that All social programs and payments, as well as infrastructure projects, will remain in force, " she comments. "Forecasts as long as the build will not, will wait until at least the end of the week - let the market, its demand and supply, will form a more or less equilibrium rate, once the regulator has moved away from this process. At current oil prices are fair, the dollar may be from 200 to 235 Tenge. Everything else - the emotions of the market complex and investors, which no one warned about the start of a new monetary policy of the country, " she comments. For the ruble decrease of Tenge to dollar is moderately negative news briefs analyst of investment company "Finam" Anton Soroko.