Quotations USD on the OTC market are below than parameters of Stock Exchange Closing and quite stable

19.10.99 00:00
/IRBIS, Oct.19, 99/ - As it was informed earlier, at closing of the KASE session the tenge per US dollar quotation were fixed at the level of 140.70/74. Weighted average rate is 140.80. Following are the quotations of Kazakhstan interbank currency market provided by dealers to the REUTERS information system (the interval is about an hour): 140.70/74 - Exchange closing, 140.55/65 140.54/74 140.40/70 140.40/65 140.55/65 - at 16:00 p.m. Almaty time The OTC market quotations after decrease in the middle of a day returned on a level, developed after Stock Exchange closing. It is characteristic, that this level is lower than average weighted exchange rate, and than price of the last trade. The stable dollar growth is while obviously impossible. The interbank overnight tenge quotations have undergone 3 times reduction during the last hour and to 4:00 p.m. made 5% (demand) on 15% (supply) APR.