USD/KZT at closing - 132.23 / 132.38 (indicators)

/IRBIS, Aug.31, 99/ - According to REUTERS at closing of the Kazakhstan over-the-counter exchange market were fixed the next rates KZT per USD: 132.23 (demand) / 132.38 (supply) with weighted average exchange price 132.26 (+0.33) and closing quotations 132.31 / 132.32. In comparison with closing of the previous day the tenge quotations increased for demand by 0.23 tenge, and by 0.28 tenge per dollar - for supply. At the day closing the dollar price was 3 points less than the KASE's weighted average price - for demand and 12 point less - for supply. The spreads in the over-the-counter market varied from 12 to 17 points with the average of 15, that is much higher than a usual level of the previous days. So large spreads declarative of the dealers' uncertainty of the exchange rates tendency. This uncertainty is confirmed by the lowest activity of dollar quoting by the banks of the second tier. There were only a few quotations in the REUTERS, since 3:00 p.m. Almaty time till the day closing, whereas usually dollar is quoted much active. After closing the exchange trades the dollar quotation were 1 to 3 points less than the average weighted market rate. There were no expressed tendencies in their dynamics. The results of the analysis of the market do not allow the IRBIS' experts to make the forecast of the Wednesday's trade. The indicators are inconsistent. Most likely, the exchange will open above than 132.30 tenge per dollar, and the further will depend on volume of the exporters dollar sale and on the National Bank behaviour.