Tenge begins to grow on the OTC market of Kazakhstan
15.10.99 00:00
/IRBIS, Oct 15, 99/ - As it was informed earlier, at closing of the KASE
session the tenge per US dollar quotation were fixed at the level of 140.83/85
at an average weighted rate of 140.84.
Following are the quotations of Kazakhstan interbank currency market
provided by dealers to the REUTERS information system (the interval is
about an hour):
140.83/85 - Exchange closing,
140.65/95
140.60/80
140.40/65
140.57/77
140.25/45 - at 4:00 p.m. Almaty time
The interbank quotations both on demand and on supply fix tenge
strengthening after exchange trades closing.
The overnight interbank tenge deposits quotations essentially reduced today
from 16% (demand) / 32% (supply) in the morning to 9% (demand) and 22%
(supply) in the evening. Tenge deficiency still be feeling in the market.