ALMATY, Dec 30 (Reuters) - The Kazakh central bank said on Wednesday it would widen the tenge's trading band to 127.5-165.0 per U.S. dollar effective Feb 5 and forecast that the currency could strengthen in the new year.
"If the current trend presists, and oil prices are high...then most likely the exchange rate will strengthen," central bank chairman Grigory Marchenko told reporters.
The current tenge trading band is 145-155 per dollar