U.S. dollar market of Kazakhstan: day results

/IRBIS, Apr.18, 00/ - Following is the table of major indicators of Kazakhstani market for U.S. dollar (more than 98% of country's all currency market). ------------------------------------------------------------------------------- US dollar trades at the Kazakhstan stock exchange (KASE) ------------------------ --------------- ------------- ----------- ----------- Instrument USD TOD USD TOD 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 Weighted average rate 142.22 (-0.03) Not indicated - - Volume of session (mln) 0.465 (+0.250) 1.100 0 0 Bid 142.21 142.11 142.05 - Offer 142.25 142.14 142.20 - Number of participants 14 6 2 2 ------------------------ --------------- ------------- ----------- ----------- Indicative US dollar quotations in the interbank market in the information system REUTERS at KASE sessions closing (disregarding settlement dates) ------------------------ --------------- ------------- ----------- ----------- Bid NA NA NA Offer NA NA NA ------------------------------------------------------------------------------- Notes: Best bid and offer prices at closing of the trades are shown as the Exchange quotations. Due to technical reasons there are no indicative quotations of the dollar in information system of REUTERS. Today Exchange market of the dollar was practically identical to that of yesterday. The main morning session did not reveal any certain trend regarding further developments of the dollar exchange rate. With this respect, additional trades were more indicative. Unlike yesterday, today by the results of the trades a slight decrease in the exchange rate of the dollar against the tenge was noticed. Volume of the day session, as it was yesterday, exceeded that of the main session by several times, reaching $1.1 mln. The evening trades with forward settlement terms were less representative. Rare quotations of the American currency were at much lower levels, than they were at previous two sessions of the day. Probably, this circumstance shows the uncertainty of the dealers regarding fast reversal of the current firming trend of the tenge. Based on Exchange indicators the conjuncture of the currency market will not change much on Wednesday. Further strengthening of the tenge by a few points is quite real.