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Market and Company News
24.08.1999 00:00

On over-the-counter market of Kazakhstan tenge remains stable

/IRBIS, Aug.24, 99/ - As the agency informed earlier, the trade session with US dollars at KASE was closed at 131.63 (demand) / 131.64 (supply) tenge per unit of the currency.

Following are the quotations of Kazakhstan interbank over-the-counter exchange market provided by the dealers to the information system REUTERS (the interval is about an hour):

131.63 / 131.64 - closing of the exchange, 131.62 / 131.70 131.63 / 131.68 131.62 / 131.70 131.63 / 131.71 131.62 / 131.68 - at 4:00PM Almaty time.

Quotations dynamics for demand show a stable tenge exchange rate, but quotations for supply show its weakening: spreads grew up a bit.

Rates for "overnight" interbank tenge deposits - at 1 (demand) and 7 (supply) APR.

No principal changes in the market.