The demand for cash dollar in Kazakhstan is determined mainly by population's ability to pay

/IRBIS, Sep.16, 99/ - Researches, conducted by the "EconoMix Data" Information agency (Almaty, Kazakhstan) have shown, that conditions in the Almaty's cash currency market have stabilized after sharp dollar increase during September 07-09. The past week testifies to it. The agency "EconoMix Data" specializes in the field of information concerning cash currency, its data are based on regular interrogation of the numerous bureau de change of Almaty. The agency marks that within the last seven days there were no any excitements in this sector. Tension, caused by the recent dollar jump, has not reached the level, which could be named "agiotage". At the same time the agency marks, that demand for cash dollar remains high, population buys up currency both in large, and in small-sized volumes. According to the agency's experts opinion, the demand from the population is determined today not so much by devaluation expectations, as by its solvency, which is not so great now. "Sale of dollar is carried out only at emergencies, therefore, mainly, there are small sums and small denominations", - is spoken in the agency's review. It is interesting that the workers of Exchanges wait in the near future of a new jump of devaluation, and adhere this event to elections planned in Kazakhstan on October 10. The following jump is predicted in the middle or end of November, or in the end of December, that is explained by a traditional seasonal demand for cash dollar.