There are no expressed tendencies in the dollar rate change on the OTC market
20.10.99 00:00
/IRBIS, Oct.20, 99/ - As it was informed earlier, at closing of the KASE
session the tenge per US dollar quotation were fixed at the level of
140.44/46. Weighted average rate is 140.48.
Following are the quotations of Kazakhstan interbank currency market
provided by dealers to the REUTERS information system (the interval is
about an hour):
140.44/46 - Exchange closing,
140.35/50
140.33/53
140.35/55
140.46/65
140.40/60 - at 16:00 p.m. Almaty time.
After dinner no expressed tendencies in dynamics of the interbank dollar
quotations were observed. Some strengthening tenge after dinner was
compensated by the return movement at the last hour. Spreads are high,
that testifies to ambiguous valuation of the market by dealers.
As well as yesterday, the interbank overnight tenge quotations have
decreased 3 times till 4:00 p.m. and this time have made 4% (demand) on
12% (supply).