Statistics: weekly volume of transactions in foreign currencies at KASE - equivalent of $47.405 mln

/IRBIS, March 7, 00/ - During the tenth calendar week of the year 2000 (February 28 - March 5) trades were held in U.S. dollars, Deutsche marks and euro with TOD, TOM and SPOT terms in foreign currencies trade sector of Kazakhstan Stock Exchange (KASE). Three trades were held daily: the morning (main, USD_TOD, DEM_TOD, EUR_TOD), day (additional USD_TOD, DEM_TOD, EUR_TOD) and evening (USD, DEM, EUR on TOM and SPOT terms). In U.S. dollars (hereafter corresponding figures for previous month are given in parentheses): 466 (342) deals were made for a total of $47,405 th. ($29,065 th.), including: - 462 (243) deals for a total of $46,605 th. ($17,125 th.) - on TOD terms; - 2 (9) deals for a total of $300 th. ($11,940 th.) - on TOM terms. - 2 (0) deals for a total of $500 th. ($11,940 th.) - on TOM terms Average volume of the trading day at KASE in U.S. dollars equaled $9,481 th. ($5,813 th.). Tenge devaluation against the U.S. dollar, calculated at weighted average rate of the Exchange on March 3 (only the morning session is taken into account), is estimated by a trend: - in short term (week) - 26.5% (7.1%) APR, - in mid term (last 30 days) - 13.2% (6.3%) APR, - in long term (from the beginning of this year) - 11.0% (9.0%) APR. In Deutsche marks and in euros no deals were made.