For the three initial months of 2008, the volume of foreign exchange transactions on KASE totaled $16,410.5 m. and decreased in dollar equivalent by 2.1%

/IRBIS, Vitaliy Tomskiy, April 1, 08/ - For the three initial months of 2008, the volume of foreign exchange transactions concluded on the Kazakhstan Stock Exchange (KASE) reached the equivalent of $16,410.5 m. and decreased relatively to the corresponding period of the last year by $345.2 m. or by 2.1% in dollar equivalent. In tenge equivalent the turnover made decreased by 5.5%. The following is the table with the volumes of foreign exchange transactions on KASE in 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 March 6,129,440 500 67,400 740,015.8 6,133,053.6 ------------------- ----------- ------ -------- ----------- ------------ TOTAL 16,401,765 2,000 139,500 1,977,035.3 16,410,537.2 ------------------- ----------- ------ -------- ----------- ------------ January-March, 2007 16,753,705 0 52,300 2,092,114.3 16,755,694.3 Trend, times 0.98 Х 2.67 0.94 0.98 ------------------------------------------------------------------------ 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, 2008 to March 31, 2008, according to IRBIS estimation equaled to KZT120.45 per dollar, over all stock exchange's deals - KZT120.47 per dollar. Speed of tenge devaluation to dollar by stock exchange rate is estimated at 1.28% APR as of March 31, 2008. For the three initial months the level of tenge devaluation to dollar in nominal expression made up 0.32%. In 2007 tenge strengthened to dollar by 5.28% in nominal terms. [2008-04-01]