For the first 2 months of year 2008 volume of foreign exchange transactions on KASE totaled $10,277.5 m. and increased in dollar equivalent by 8.3%

/IRBIS, Vitaliy Tomskiy, March 3, 08/ - For the first 2 months of year 2008, the volume of foreign exchange transactions concluded on the Kazakhstan stock exchange (KASE) reached the equivalent of $10,277.5 m. and has decreased relatively to corresponding period of last year by $925.3 m. or by 8.3% in dollar equivalent. In tenge equivalent the turnover made has decreased by 30.2%. Following is the table with the volumes of foreign exchange transactions on KASE in year 2008 grouped by months and types of currencies and comparable to the data of 2007. ------------------------------------------------------------------------------ Total volume of trades, th. units Volume of --------------------------- Volume, equivalent, Month USD EUR RUB m. KZT th. USD ---------------------- ----------- ------ ------ ----------- ------------ January 4,653,115 1,500 18,500 560,407.1 4,656,082.1 February 5,619,210 0 53,600 676,612.5 5,621,401.5 ---------------------- ----------- ------ ------ ----------- ------------ TOTAL 10,272,325 1,500 72,100 1,237,019.6 10,277,483.6 ---------------------- ----------- ------ ------ ----------- ------------ January-February, 2007 11,201,215 0 41,500 1,403,815.5 11,202,790.4 Trend, times 0.92 Х 1.74 0.88 0.92 ------------------------------------------------------------------------------ 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, 08 till February 29, 08, according to IRBIS estimation equaled to KZT120.35 per dollar, over all stock exchange's deals - KZT120.36 per dollar. Speed of tenge devaluation to dollar by stock exchange rate is estimated at 2.72% APR as of February 29, 2008. For the first two months level of tenge devaluation to dollar in nominal expression made 0.46%. In 2007 tenge strengthened to dollar by 5.28% in nominal terms. [2008-03-03]