USD/KZT at the day closing - 140.35/45 (indicators)
/IRBIS, Oct.27, 99/ - According to REUTERS, at the moment of October 27
Kazakhstan's OTC-market closing tenge/dollar quotations has made
140.35/45 tenge per dollar at the average weighted exchange rate of 140.32
(-0.21) and session closing quotations of 140.30/31.
By the dealers interbank quotations, tenge as against of the previous day
closing increased by 10 points on demand and by 15 points on supply.
The dollar quotations in the interbank market of Kazakhstan after Exchange
trade closing grown insignificantly, but after 1:00 p.m. Almaty time till day
closing remained practically without changes. The dealers did not quote
dollar after 4:00 p.m. Almaty time. In opinion of the IRBIS experts, it can be
explained by the uncertainty of the market tendencies.
The spreads after dinner varied from 4 to 15 points at average 9 and without
any differences in comparison with the yesterday's. The maximum was fixed
at 2:00 p.m. Almaty time, after one hour after ending of growth of quotations.
Quotations of the interbank overnight tenge deposits continued to reduce
within the day and at the day closing made 7/12%. The short money demand
remains low. Some activity in the KASE's repo sector was observed, where
the banks of the second tier attracted money for one day at 7.5% p.a., for 2
days - at 14.0% p.a. Most likely, it was caused by large volume of the
Tuesday's MEKAVM-6 placement. Money for these bonds should be
received by the emitter on Thursday morning.
The IRBIS agency reminds, that in the current week volume of the internal
debt redemption will reach 5,049.3 million tenges. Such sum is capable to
influence a dollar rate. Today investors receive 210.0 million tenges for
234th МЕККАМ-3 issue, tomorrow - tenge equivalent of $23.8 million
(KZ46L2810995, KZ43L2810992). Therefore tenge on Thursday's trades has
reasonable chance to decrease. The session should open highly, than all will
depend on volume of the dollar supply.
The IRBIS forecast on Thursday: small dollar strengthening on KASE.
Taking into account the further arrivals of tenge on the market, this tendency
can be saved on Friday.