USD/KZT at closing - 131.68 / 131.75 (indicators)
05.08.99 00:00
/IRBIS, 05.08.99/ - According to REUTERS, at closing, the Kazakhstan over-
the-counter exchange market valued KZT per USD, at 131.68 (demand) /
131.75 (supply) with weighted average exchange price 131.74 (-0.02)
and closing quotations 131.75 / 131.76.
In comparison with closing of the previous day the quotations of the dealers
have increased by 0.07 tenge per dollar - for demand, and by 0.10 tenge per
dollar - for supply.
After closing the trade the quotations of dollar in the interbank market varied
about the average weighted market rate. The prices of demand were by 2-6
points (0.02-0.06 tenge) less, the prices of offer - by 2-7 points more, that
allows to speak about stability.
In comparison with the yesterday quoting in the REUTERS information
system was carried out with less activity.
The character of the "overnight" interbank quotations (1 demand against 1
offer) allow to judge that it is still enough of free money in the market.
According to the IRBIS' analysts opinion, on Friday tenge rate may
somewhat increase, but dollar also has chance to withstand competition
thanks to the significant redemption of state securities and growing demand
of the population for cash dollar.