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Market and Company News
08.10.1999 00:00

Tenge rate remains relatively stable afternoon in the OTC market of Kazakhstan

/IRBIS, Oct.08, 99/ - As it was informed earlier, at closing of the KASE session tenge/dollar quotation were fixed at the level of 142.06/11 at the average weighted rate of 142.08.

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

142.06/11 - Exchange closing, 142.03/10 142.04/19 142.05/20 141.98/142.08 142.04/19 - at 16:00 p.m. Almaty time

The OTC quotation testify to dollar/tenge rate stabilisation. Afternoon dealers quoted not actively.

Interbank overnight rates were fixed at the level of 10 (demand) / 15 (supply), which is practically the same as in the morning and as yesterday.