Muratkhanov D.2023-11-012023-11-012017D. Muratkhanov / THE IMPACT OF CHANGES IN OIL PRICE AND RUSSIAN RUBLE EXCHANGE RATE ON KAZAKHSTANI TENGE / СДУ хабаршысы - 20182415-8135https://repository.sdu.edu.kz/handle/123456789/709Abstract. This article examines the relationship between exchange rates of Kazakhstani tenge, Russian rouble and the oil price. Based on the statistical data in period from 2008-2018 on exchange rates of two currencies compared to US dollar and oil prices denominated in the same currency we conducted correlation analysis and identified that exchange rate of tenge is more dependent on changes in ruble’s exchange rate rather than oil prices. In order to strength the research, we interviewed financial experts from Kazakhstan’s financial sector and gathered their opinions on the abovementioned topic. Based on the obtained results we expressed our recommendations to our readers. The results of this article will help to improve and enhance the financial literacy of our readers.enexchange rateoil priceRussian rubleKazakhstani tenge.СДУ хабаршысы - 2018№4Article