At KASE market for the dollar does not change principally

/IRBIS, Feb.23, 00/ - Today the next morning trades in U.S. dollars, Deutsche marks and euros were held at Kazakhstan stock exchange (KASE) with TOD payment terms. 17 banks participated in the trades. Today the trades in U.S. dollars opened at 140.10 tenge per unit. Total of 58 deals were made. Weighted average dollar exchange rate equaled to 140.09 (-0.10) tenge per unit. Volume of the session - $3.740 mln (+$1.050 mln). Exchange rate fluctuation during the trade - 0.04%. The trades were closed at 140.10/12 tenge per dollar. The conjuncture of the market for the dollar did not change much today. In general, the parity of demand and supply exists on the floor, and the dynamics of the exchange rate is formed under local occurrences, caused by the behaviors of the dealers. The banks were equally active in both buying and selling dollars. General mood of the trades was mainly determined by two traders (one from each side), who were handling almost half of all currency turnover on the floor. Thanks to their activities the rate of the American currency was maintained at 140.08 for a long time. Only at last minutes of the session other banks began to join the trades with increasing activity, demand rose, and the dollar reached 140.12. It should be noted today the dealers preferred only to buy dollars or sell them. Demand prevailed supply somewhat. Speculative component in dealers' behaviors was faint. One hour after closing of the morning session on interbank market of Kazakhstan dollar was quoted at 140.08/12 tenge per unit. Two hours later - 140.09/14. In the day session of KASE with TOD payment terms at 12:30PM the dollar was at 140.08/12. Deutsche mark, morning session, TOD: no deals. Closing quotations - 72.05/25 tenge for mark. Euro, morning session, TOD: 2 deals, weighted average - 141.15 (+2.00) tenge per unit, volume - EUR15 (-35) th. Closing quotations - 141.00/15 tenge for euro.