USD/KZT at the day closing - 137.52/59 (indicators)

23.11.99 00:00
/IRBIS, Nov.23, 99/ - According to REUTERS, at the moment of closing of Kazakhstan's OTC-market on November 23 tenge/dollar quotations have made 137,52/59 tenge per dollar at the average weighted exchange rate of 137.58 (-0,24) and session closing quotations of 137.60/61. By the dealers interbank quotations, tenge as against of the previous day closing increased by 16 point on demand and by 29 points on supply. At once after exchange trade closing the interbank dollar quotations have recorded, as it is usual for last time, an essential tenge growth. After 3:00 p.m. Almaty time quotation have started to grow and to the day ending have reached of 137.52/59 tenge for dollar. Despite the growth, the interbank quotations have not reached the today's exchange's level. Quotation spreads have remained within an narrow interval from 7 to 13 points, have come by the market closing to a stop at 7 points. The short money demand was practically absent today, that is confirmed by their lowest prices. The IRBIS' experts expect the further tenge increase on the tomorrow's trades.