U.S. dollar market of Kazakhstan: day results

/IRBIS, May 3, 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 142.03 (-0.01) Not indicated - - Volume of session (mln) 3.220 (-0.190) 0.330 0 0 Bid 142.04 142.00 - - Offer 142.05 - - - Number of participants 15 8 0 0 ------------------------ --------------- ------------- ----------- ----------- Indicative US dollar quotations in the interbank market in the information system REUTERS at KASE sessions closing (disregarding settlement dates) ------------------------ --------------- ------------- ----------- ----------- Bid 142.00 142.01 142.00 Offer 142.08 142.05 142.04 ------------------------------------------------------------------------------- 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 lost 2 points in comparison with previous day closing on demand and 1 points on supply of the American currency. Today the conjuncture of the currency market did not bring any changes. The market is still taken over by customers. It seems that banks reserve free funds for new floatation of euronotes, which will take place at May 11. Unusually high volume of repo operations is also proving this. Other sectors of the financial market stay calm. Dynamics of dollar quotations and prices do not differ from previous days. The market is characterized by average operational volumes, usual spreads, minimal price amplitude, lack of remarkable price trends and parity between demand and supply sides, which created mostly through applications of banks' clients. At this, quotations of shortest money are low and that is illustrative for adequacy of free funds in tenge on the market. Thursday IRBIS forecast - minimal strengthening of a dollar on the base KASE session.