U.S. dollar market of Kazakhstan: day results
03.03.00 00:00
/IRBIS, March.03, 00/ - Following is the table of major indicators of
Kazakhstani market for U.S. dollar (more than 98% of country currency
market).
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US dollar trades at the Kazakhstan stock exchange (KASE)
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Toll USD TOM USD TOM USD TOM USD SPOT
Session Main Additional. Evening Evening
Time of trades (ALM) 10:15-11:00 11:30-15:30 14:00-18:00 14:00-18:00
Average weighted rate 140.84(-0.01) Not indicated - -
Volume of session (mln) 3.900(+0.750) 0.900 0 0
Demand price 140.85 140.86 140.95 140.95
Supply price 140.89 140.88 141.07 -
Number of participants 16 5 4 4
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Indicative US dollar quotations in the interbank market in the
information system REUTERS at KASE sessions closing (disregarding
settlement dates)
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Demand price 140.84 140.85 140.90
Supply price 140.88 140.92 141.00
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Notes: Best bid and ask prices at closing of the trades are shown as the
Exchange quotations.
By indicative interbank quotations of the dollar in REUTERS information
system, tenge lost 9 points in comparison with previous day closing on
demand and 13 points on supply.
Most probable, some dollar rate decrease at the morning session is not a
beginning of the long-term tenge strengthening tendency. It has been
confirmed by small dollar increase during the additional evening sessions.
The similar picture has appeared in the interbank market. By the evening
dollar demand quotations has begun to increase. It is necessary to note that
the overnight rates somewhat decreased within all day. Hence, it is possible
to assume about speculative character of the dollar given quotations growth
in the evening.
Today's dynamics of the dollar quotations can render a psychological effect
on the market participants at the first trade of the next week and dollar most
likely will increase by some points.