Amendments to the Methodology for Calculating FX Market Indicators to come into effect as of July 1, 2019

11.06.19 19:31
/KASE, June 11, 2019/ – By the decision of the Management Board of the Kazakhstan Stock Exchange (KASE) dated June 6, 2019, amendments No. 2 (amendments) to the KASE internal document "Methodology for Calculating Indicators of the Foreign Exchange Market" (Methodology), which will become effective on July 1, 2019, have been approved. It has been established by these amendments that parameters of deals made on KASE trades with instrument USDKZT_TOM should be considered for calculating FX market indicators. KASE will calculate the following FX market indicators as of July 1: 1) weighted average exchange rate of the US dollar to Kazakhstani tenge as at 11:00 o’clock Nur-Sultan time; 2) weighted average exchange rate of the US dollar to Kazakhstani tenge as at 15:30 o’clock Nur-Sultan time; 3) weighted average exchange rate of the US dollar to Kazakhstani tenge based on the trading day results (as at 17:00 o’clock Nur-Sultan time). These amendments also establish method for calculation of the above mentioned FX market indicators. Currently, the following documents are available on KASE website: - text of the Methodology effective until July 1, 2019 http://kase.kz/files/normative_base/ind_currency.pdf - text of the Methodology effective since July 1, 2019 http://kase.kz/files/normative_base/ind_currency_izm2.pdf [2019-06-11]