In January-March 2012 volume of foreign currency traded at KASE decreased 28.8 % making up KZT2.9 trln (USD19.7 bn)
/KASE, April 4, 12/ - In the period from January-March 2012 the value of foreign currencies traded at Kazakhstan Stock Exchange (KASE), including currency swaps transactions, reached KZT2,921.6 bn (equivalent to USD19,730.7 m) decreasing 28.8 % against the same period of last year (29.6 % in dollar terms).
If compared to the previous three-month period (October-December 2011) the value traded dropped 22.5 % (22.6 % in dollar terms).
The table below shows indicators of the currency market in 2012 with breakdown by months, currencies and deal types and comparative data of 2011.
----------------------------------------------------------------------- Traded value ----------------------------------------------------------- spot-market, m -------------------------------- swap- total, total, Year, USD/KZT EUR/KZT EUR/USD RUB/KZT market, m bn m month USD/KZT KZT USD ----------- -------- ------- ------- ------- --------- ------- -------- 2012, I 3,350.2 0.9 0 322.1 1,976.0 792.1 5,337.7 2012, II 5,212.5 0.0 0 1,048.0 1,848.5 1,051.2 7,096.0 2012, III 4,703.6 1.2 0 1,291.3 2,547.5 1,078.3 7,297.0 ----------- -------- ------- ------- ------- --------- ------- -------- Total 13,266.2 2.1 0 2,661.4 6,372.0 2,921.6 19,730.7 ----------- -------- ------- ------- ------- --------- ------- -------- 2011, I-III 22,247.2 6.7 6.8 1,282.4 5,731.3 4,103.5 28,041.3 change, % -40.4 -68.7 -100.0 +107.5 +11.2 -28.8 -29.6 -----------------------------------------------------------------------
Weighted average KZT/USD rate calculated on all deals in the morning (main) trading session in the period from January 4, 12 to March 31, 12, made up KZT148.07 a dollar, on all exchange deals - KZT148.02 a dollar.
The tenge strengthened against the dollar at the rate of 1.69 % APR in terms of weighted average market rate. During the first three months of 2012 tenge revalued 0.42 % to US dollar in nominal terms
In 2011 tenge devalued 0.61% to US dollar in nominal terms.
In 2010 tenge revalued 0.65% to US dollar in nominal terms.
[2012-04-04]