At KASE activity of the U.S. dollar market is still low

/IRBIS, Feb.3, 00/ - The morning trades in US dollar, Deutsche mark and Euro were held at Kazakhstan stock exchange (KASE) with TOD payment terms. 19 banks participated in the trades. Today the trades in US dollars opened at 139.36 tenge per unit. Total of 37 deals were made. Weighted average dollar exchange rate equaled to 139.37 (+0.03) tenge per unit. Volume of the session - $2.200 mln (-$700 th.). Exchange rate fluctuation during the trade - 0.01%. The trades were closed at 139.36/37 tenge per dollar. Today the market conjuncture did not change much relative to yesterday's trades. Most of the banks, that made the deals, were operating with average volumes of dollars within 400 - 600 th. Based on the proportion of demand and supply of the American currency the market seems to be balanced. If yesterday all deals were made at one price, then today 34 out of 37 deals were made at 139.37 tenge per dollar and only three deals were made at 139.36. One hour after closing of the morning session on interbank market of Kazakhstan dollar was quoted at 139.36/39 tenge per unit, two hours later - 139.32/37. In the day session of KASE with TOD payment terms at 12:30PM the dollar quotations were absent due to technical reasons: from 11:30 to 2:00PM a new version of software was being installed. Deutsche mark, morning session, TOD: 1 deal, price - 70.10 (-0.68) tenge per unit, volume - DEM25 (+5) th. Closing quotations - 69.75/70.00 tenge for mark. Euro, morning session, TOD: no deals. Closing quotations - 135.77/136.45 tenge for euro.