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Market and Company News
27.10.1999 00:00

Dollar hold on to strengthen in the OTC market of Kazakhstan

/IRBIS, Oct.27, 99/ - As it was informed earlier, at closing of the KASE session the tenge per US dollar quotation were fixed at the level of 140.30/31 at the average weighted rate of 140.32.

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

140.30/31 - Exchange closing, 140.26/30 140.25/30 140.35/50 140.35/47 140.35/45 - at 16:00 p.m. Almaty time

After 1:00 p.m. quotation fixed small dollar strengthening.

Interbank overnight rates continued to decrease and at 4:00 p.m. were fixed at the level of 7(demand) / 12 (supply).