USD/KZT at closing of the day - 138.08/13 (indicators)
23.12.99 00:00
/IRBIS, Dec.23, 99/ - According to REUTERS, at closing of interbank
currency market of Kazakhstan on December 23 tenge quotations towards
US dollar equaled 138.08/13 tenge per dollar.
Compared to the results of the previous day tenge lost 3 points against US
dollar on demand and 4 points on supply.
In main (morning) session weighted average rate of the dollar with TOD
terms equaled 138.10 (-0.15) tenge per dollar and closing quotations -
138.10/12.
At closing of additional day session with TOD terms and the evening trades
with TOM and SPT terms dollar was not quoted.
Today dynamics of the dollar quotations in interbank market were relatively
stable. No vivid trend was not observed. Quotation fluctuations did not
exceed three points both on demand and supply. Spreads varied from 3 to 8
points.
It is hard to make a certain forecast for the dynamics of the dollar on
Friday's trades based on dollar's behavior in interbank market after the
morning KASE session. The market is stable. Weighted average rate may deviate
in both directions by 5-25 points. However, IRBIS analysts give preference to
further firming of the tenge.