Kazakhstan is more interested in rising oil prices than in increasing its production, economist Saparbai Zhobayev believes.
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According to Kurs.kz, the US dollar in the currency exchange offices of Nur-Sultan and Almaty is now sold at around 432 tenge.
Brent crude futures for November delivery fell 4.06 percent to US$41.4 per barrel.
The restoration work on the northern fortress wall was also presented.
The relevant ministry stressed that Kazakhstan was taking all necessary actions to comply with the obligations under the OPEC+.
As of July 13, according to trading data, world oil prices are showing decline.
In June, 13 members of the organization pumped 22.3 million barrels per day.
Cost of the Brent crude for July delivery rose to US$33 per barrel for the first time since April 13.
The country’s state budget is forecasted to lose almost one trillion Tenge (US$2.314 billion) of oil income.