Statistics: weekly volume of transactions in foreign currencies at KASE - equivalent of $23.725 mln

/IRBIS, March 13, 00/ - During the eleventh calendar week of the year 2000 (March 6 - 12) 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): 406 (466) deals were made for a total of $23,720 th. ($47,405 th.), including: - 400 (462) deals for a total of $22,220 th. ($46,605 th.) - on TOD terms; - 2 (9) deals for a total of $400 th. ($300 th.) - on TOM terms. - 4 (2) deals for a total of $1,100 th. ($500 th.) - on SPOT terms Average volume of the trading day at KASE in U.S. dollars equaled $5,930 th. ($9,481 th.). Tenge devaluation against the U.S. dollar, calculated at weighted average rate of the Exchange on March 10 (only the morning session is taken into account), is estimated by a trend: - in short term (week) - 19.6% (26.5%) APR, - in mid term (last 30 days) - 13.6% (13.2%) APR, - in long term (from the beginning of this year) - 11.9% (11.0%) APR. In Deutsche marks no deals were made. In euros 1 (0) deal was made for an amount of 5 th. (0) units. The deal was made on TOD terms in main session of KASE. Against euro tenge revalued at an average of 143.9% APR. In general, weekly volume of deals in foreign currencies at KASE is estimated at an equivalent of $23.725 mln ($47.405 mln), or KZT3,349.7 mln (KZT6,664.8 mln). Daily average - $5,931.3 mln ($9,481.0 mln). On interbank market from February 24 through March 6 (more earlier data are unavailable) daily volume of deals in U.S. dollars between the banks-residents of Kazakhstan varied from $9,395.0 th. to $20,008.0 th.