USD/KZT at the day closing - 138.55/75 (indicators)
16.11.99 00:00
/IRBIS, Nov. 16, 99/ - According to REUTERS, at the moment of closing of
Kazakhstan's OTC-market on November 16 tenge/dollar quotations have
made 138.55/75 tenge per dollar at the average weighted exchange rate of
139.11 (+0.01) and session closing quotations of 139.08/12.
By the dealers interbank quotations, tenge as against of the previous day
closing increased by 35 point on demand and increased by 30 points on
supply.
The interbank dollar quotations are still below than exchange closing and
average weighted quotations. The dollar price decreasing has proceeded
within a whole day, its speed has slowed by the market closing.
The spreads have varied today from 8 to 20 points at average 12. The
dealers' reliance concerning the further trend has become higher than
yesterday.
The overnight interbank deposits rates have decreased compared to the
yesterday's and have remained practically without changes at the levels of
4/11 - 4/12% p.a.
Any essential changes in the dollar rate should not be expected tomorrow.
Most likely, the tendency of tenge strengthening will proceed.