U.S. dollar market of Kazakhstan: day results

/IRBIS, Apr.25, 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 142.08 (-0.02) Not indicated - - Volume of session (mln) 5.665 (+0.950) 0.500 0 0 Bid 142.07 - - - Offer 142.08 142.08 - - Number of participants 18 6 0 0 ------------------------ --------------- ------------- ----------- ----------- Indicative US dollar quotations in the interbank market in the information system REUTERS at KASE sessions closing (disregarding settlement dates) ------------------------ --------------- ------------- ----------- ----------- Bid 142.04 142.01 142.00 Offer 142.10 142.08 142.10 ------------------------------------------------------------------------------- Notes: Best bid and offer prices at closing of the trades are shown as the Exchange quotations. By indicative interbank quotations of the dollar in REUTERS information system, tenge gained 4 points in comparison with previous day closing on demand and 2 points on supply of the American currency. Today the conjuncture of both the Exchange, and a whole Kazakhstani interbank market of U.S. dollar was identical to that of yesterday. Tenge was inclined to grow always. Slight difference from Monday was observed right before closing of the day. Yesterday dealers made an attempt to raise the dollar a bit. Today indicative interbank quotations were rarely stable. At trades on TOM and SPOT terms no deals were made today. There were no bids either. Lately these trades are out of dealers' interests. The market of the dollar is mostly client oriented. On the next session of KASE on Wednesday decreasing trend of the exchange rate of the U.S. dollar is likely to remain, and it is confirmed by objective market indicators and the behaviors of the dealers.