Non decreasing demand of BST stimulates further growth in dollar exchange rate at KASE

/IRBIS, Jan.14, 00/ - The morning trades in US dollar, Deutsche mark and Euro were held at Kazakhstan stock exchange (KASE) with TOD payment terms. 18 banks participated in the trades. Today the trades in US dollars opened at 139.40 tenge per unit. Total of 86 deals were made. Weighted average dollar exchange rate equaled to 139.36 (+0.16) tenge per unit. Volume of the session - $8,060 mln (+$3,185 mln). Exchange rate fluctuation during the trade - 0.04%. The trades were closed at 139.35/36 tenge per dollar. Today the market conjuncture did not differ much from that of previous session. Most of the banks still act as buyers of dollars. Highly monopolized supply, as in the majority of previous trades of this year, contributed to neutralization of the demand, which happened today at 139.36 tenge per dollar mark. Exchange rate of the American currency suffered constant bi- directional fluctuations not exceeding 1 point, but it always returned to equilibrium level. Decrease in the exchange rate of the dollar during the trades was solely caused by a strong opening of the session. Generally, dollar keeps to firm in the currency market of the country. One hour after closing of the morning session on interbank market of Kazakhstan dollar was quoted at 139.46/54 tenge per unit, two hours later - 139.44/50. Deutsche mark, morning session, TOD: no deals. Closing demand - 73.35 tenge for mark, no offer. Euro, morning session, TOD: no deals. Closing quotations - 142.70/143.50 tenge for euro.