In first six months of 2011 foreign currencies trades volume on KASE increased by 27.1 % and made up KZT7.9 trn ($54.0 bn)

04.07.11 17:23
/KASE, July 4, 11/ - In the first six months of 2011 foreign currencies trades volume at Kazakhstan Stock Exchange (KASE), including currency swap transactions, made up KZT7,879.9 bn (USD53,978.2 m) increasing by 27.1 % against the same period of 2010 (28.1 % in USD). In comparison with the previous six months period (July-December 2010) trades volume decreased by 17.5 % (16.6 % in USD). Below is the table on currency trade statistics in 2011 with the breakdown by month, currency and deal type, and comparative data of 2010. ---------------------------------------------------------------------- Trades volume ------------------------------------------ ---------------- spot-market, -------------------------------- Swap- total, total, Year, USD/KZT EUR/KZT EUR/USD RUB/KZT market, m bn m month USD/KZT KZT USD ---------- -------- ------- ------- ------- --------- ------- -------- 2011, I 6,145.8 3.1 0 158.1 1,925.6 1,187.8 8,080.7 2011, II 8,048.8 2.4 6.8 288.8 1,860.5 1,454.0 9,931.8 2011, III 8,052.6 1.3 0 835.5 1,945.2 1,461.7 10,028.8 2011, IV 6,930.9 1.6 0 293.5 2,855.6 1,425.2 9,799.2 2011, V 5,981.9 3.1 0 298.5 2,365.5 1,217.0 8,362.4 2011, VI 6,459.5 0.6 8.0 221.4 1,295.5 1,134.2 7,775.2 ---------- -------- ------- ------- ------- --------- ------- -------- Total 41,619.3 12.0 14.8 2,095.8 12,247.9 7,879.9 53,978.2 ---------- -------- ------- ------- ------- --------- ------- -------- 2010, I-VI 30,110.1 166.2 45.8 2,718.5 11,639.0 6,201.7 42,126.8 chg., % +38.2 -92.8 -67.7 -22.9 +5.2 +27.1 +28.1 ---------------------------------------------------------------------- The weighted average tenge to dollar rate, calculated on all deals of the main (morning) trade session on KASE in the period January 5, 11 to June 30, 11, made up KZT145.96 per dollar, on all exchange deals - KZT145.99 per dollar. The rate of strengthening of the tenge to the USD at the weighted average market rate is estimated at 2.28 % APR in the current year. In the first six months of 2011 the re-valuation rate of tenge to dollar in nominal terms made up 1.13 %. In 2010 tenge re-valued to dollar by 0.65 %. In 2009 tenge devalued to dollar by 22.91 %, in 2008 - 0.41 %. [2011-07-04]