Within the first eight months of 2007 volume of foreign exchange transactions on KASE reached $59.2 bn. and increased in dollar equivalent 3.3 times

/IRBIS, Sergey Yakovlev, September 2, 07/ - Within the first eight months of 2007 total volume of foreign exchange transactions concluded on the Kazakhstan stock exchange (KASE) reached the equivalent of $59,215.4 m. and has increased relatively to the same period of the last year by $41,559.7 m. or 3.3 times in terms of dollar. In tenge equivalent the turnover made has increased 3.3 times. Following is the table with the volumes of foreign exchange transactions on KASE in 2007 grouped by months and types of currencies. -------------------------------------------------------------------- Total volume of trades, th. units Volume of --------------------------- Volume, equivalent, Month USD EUR RUB m. KZT th. USD ------------ ----------- ---- -------- ----------- ------------ January 6,387,860 0 21,500 802,673.8 6,388,670.5 February 4,813,355 0 20,000 601,141.6 4,814,119.9 March 5,552,490 0 10,800 688,298.8 5,552,903.9 April 5,895,500 0 24,900 719,511.0 5,896,464.2 May 7,127,730 0 65,300 858,102.5 7,130,259.4 June 10,316,405 0 55,800 1,259,146.3 10,318,561.5 July 7,953,990 0 60,700 971,679.6 7,956,364.7 August 11,156,840 500 13,600 1,396,545.2 11,158,051.4 ------------ ----------- ---- -------- ----------- ------------ TOTAL 59,204,170 500 272,600 7,297,098.9 59,215,395.4 ------------ ----------- ---- -------- ----------- ------------ Jan-Aug 2006 17,654,005 250 38,600 2,209,953.4 17,655,743.9 Trend, times 3.35 2.0 7.06 3.30 3.35 -------------------------------------------------------------------- Weighted average market rate of tenge to U.S. dollar calculated by IRBIS over all deals of the main (morning) session of KASE for the period from January 1, 07 till August 31, 07, according to IRBIS estimation equaled to KZT123.54 per dollar, over all stock exchange's deals - KZT123.23 per dollar. Speed of tenge strengthening to dollar by stock exchange rate is estimated in the current year as of August 31, 07 in 0.89% APR. In the first eight months tenge strengthened to dollar by 0.59% in nominal expression. In 2006 tenge strengthened to dollar by 5.06% in nominal expression. [2007-09-02]