STATISTICS: Weekly volume of transactions in foreign currencies at KASE - equivalent of $44.284 mln

/IRBIS, Apr.17, 00/ - During the fifteenth calendar week of the year 2000 (April 10 - 16) 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): 626 (402) deals were made for a total of $44,030 th. ($32,450 th.), all deals were made on TOD terms. Average volume of the trading day at KASE in U.S. dollars equaled $8,806 th. ($6,490 th.). Tenge devaluation against the U.S. dollar, calculated at weighted average rate of the Exchange on April 14 (only the morning session is taken into account), is estimated by a trend: - in short-term (week) - negative 3.9% (16.7%) APR, - in mid-term (last 30 days) - 8.0% (10.8%) APR, - in long-term (from the beginning of this year) - 10.3% (11.3%) APR. In Deutsche marks 2 (1) deals were made for an amount of 110 th. (15) currency units. Deals were made on TOD terms in the main session of KASE. Against mark tenge devalued at an average of 14.9% APR. In euros 3 (1) deals were made for an amount of 200 th. (50) currency units. Deals were made on TOD terms in the main session of KASE. Against euro tenge devalued at an average of 90.9% APR. In general, weekly volume of deals in foreign currencies at KASE is estimated at an equivalent of $44.284 mln ($32.505 mln), or KZT6,309.5 mln (KZT4,622.3 mln). Daily average - $8,856.8 mln ($6,501.0 mln). On interbank market from April 5 through 12 (more earlier data are unavailable) daily volume of deals in U.S. dollars between the banks- residents of Kazakhstan varied from $11,442.0 th. to $19,386.0 th.