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 142.01 (-0.02) Not indicated - - Volume of session (mln) 4.590 (-1.100) 0.220 0 0 Bid 142.01 142.00 *141.95 - Offer 142.03 - - - Number of participants 18 10 2 2 ------------------------ --------------- ------------- ----------- ----------- Indicative US dollar quotations in the interbank market in the information system REUTERS at KASE sessions closing (disregarding settlement dates) ------------------------ --------------- ------------- ----------- ----------- Bid 141.97 141.98 141.98 Offer 142.01 142.06 142.02 ------------------------------------------------------------------------------- Notes: Best bid and offer prices at closing of the trades are shown as the Exchange quotations. The latest quotations are given in case of their absence and marked by a star (in our case: USD_TOM at 17:57 p.m.). By indicative interbank quotations of the dollar in REUTERS information system, tenge gained 3 points in comparison with previous day closing on demand and 4 points on supply of the American currency. The day did not bring any changes on the market. The market is in equilibrium and demonstrates minimal price fluctuations. Subsequently, there are no any remarkable tendencies. The results of 2 today auctions on SS floatation show that banks prefer invest funds in domestic debt securities than in dollar. Total volume of demand was 1,248.0 mln tenge, of which emitters took 761.2 mln. The dynamics of market indicators do not allow to forecast clearly a situation on next dollar trades at May 2. Most likely, rate fluctuations will be limited and will not exceed first points on both sides.