USD/KZT at closing of the day - 131.58 / 131.64 (indicators)

/IRBIS, 11.08.99/ - According to REUTERS, at closing of over-the-counter foreign exchange market of Kazakhstan on August 11 tenge quotations have made 131.58 (demand) / 131.64 (supply) tenge per US dollar with the average weighted rate of 131.60 (0) and the quotes at closing of the market's session of 131.60 / 131.61. Compared to the results of the previous day tenge increased by 2 points on demand against US dollar and by 4 points on supply. After the trades at KASE the over-the-counter currency market did not have certain trends. Quotations were offered with the spread of 6-7 points. Offer prices somewhat exceed weighted average, demand prices were a shade less. The feature of the day is the dealers recognized to the full the National Banks position, explained in interview of the last days and excluding significant fluctuations of the dollar exchange rate. It is possible to tell today, that a tension caused by the failure of negotiations with IMF and by the Russian events, behind. The market has returned to a habitual condition, characteristic for the second half of July and beginning of August. The tendencies of tenge strengthening remain changeless. The experts of IRBIS consider, that the alternative - note-21 or dollar - will be tomorrow not so urgent, and the preference will be given up to the notes. Therefore further insignificant tenge strengthening is rather probable.