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Market and Company News
04.10.1999 00:00

Rate of Dollar grow on the OTC market of Kazakhstan essencialle increased

/IRBIS, Oct.04, 99/ - As it was informed earlier, at closing of the KASE session tenge per US dollar quotation were fixed at the level of 141.90/142.00. Following are the quotations of Kazakhstan interbank currency market provided by dealers to the REUTERS information system (the interval is about an hour):

141.90/142.00 - Exchange closing, 141.95/142.05 141.95/142.15 142.05/142.35 142.20/142.55 - at 16:00 p.m. Almaty time

OTC market quotations testify to acceleration of dollar against tenge strengthening. It is remarkable, that this process goes at the decreasing of short money prices. At 4:00 p.m. Almaty time the overnight interbank tenge quotation have made 4% (demand) and 10% (supply). The tenge liquidity is completely restored, as well as solvency of the second level banks.