Statistics: weekly volume of transactions in foreign currencies at KASE - equivalent of $35.565 mln

/IRBIS, March 20, 00/ - During the twelfth calendar week of the year 2000 (March 13 - 19) 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): 499 (406) deals were made for a total of $35,180 th. ($32,720 th.), including: - 496 (400) deals for a total of $34,680 th. ($22,220 th.) - on TOD terms; - 3 (2) deals for a total of $500 th. ($400 th.) - on TOM terms. Average volume of the trading day at KASE in U.S. dollars equaled $7,036 th. ($5,930 th.). Tenge devaluation against the U.S. dollar, calculated at weighted average rate of the Exchange on March 17 (only the morning session is taken into account), is estimated by a trend: - in short term (week) - 11.2% (19.6%) APR, - in mid term (last 30 days) - 16.8% (13.6%) APR, - in long term (from the beginning of this year) - 11.9% (11.9%) APR. In Deutsche marks 3 (0) deals were made for an amount of 35 th. (0) units. Deals were made on TOD terms in the main session of KASE. Against mark tenge revalued at an average of 101.6% APR. In euros 7 (1) deals were made for an amount of 380 th. (5) units. Deals were made on TOD terms in the main session of KASE. Against euro tenge devalued at an average of 44.3% APR. In general, weekly volume of deals in foreign currencies at KASE is estimated at an equivalent of $35.565 mln ($23.725 mln), or KZT5,032.9 mln (KZT3,349.7 mln). Daily average - $7,112.9 mln ($5,931.3 mln). On interbank market from March 7 through 15 (more earlier data are unavailable) daily volume of deals in U.S. dollars between the banks-residents of Kazakhstan varied from $5,045.0 th. to $16,713.0 th.