/CORRECTED/ STATISTICS: Weekly volume of transactions in forex atKASE - equivalent of $39.108 mln

/IRBIS, Sep.4, 00, retransmitted due to incorrect daily average/ - During the thirty fourth calendar week of the year 2000 (Aug. 28 - Sep. 03) trades in U.S. dollars, Deutsche marks and Euro with TOD, TOM and SPOT terms were held in foreign exchange sector of Kazakhstan Stock Exchange (KASE). Three trade sessions were held during each day: the morning (main, USD_TOD, DEM_TOD, EUR_TOD), day (additional USD_TOD, DEM_TOD, EUR_TOD) and evening (USD_TOM, USD_SPOT, DEM_TOM, EUR_TOM). In U.S. dollars (hereafter corresponding figures for previous month are given in parentheses): 338 (595) deals were made for a total of $39,095 th. ($44,505 th.). All deals were made on TOD terms. Average volume of the trading day at KASE in U.S. dollars equalled $7,819 th. ($8,901 th.). Tenge devaluation against the U.S. dollar, calculated at weighted average rate of the Exchange on Sep. 01 (only morning session is considered), is estimated by a trend: - short-term (week) - negative 1.4% ( -1.0%) APR; - mid-term (last 30 days) - negative 0.3% ( -0.5%) APR, - long-term (from the beginning of this year) - 4.7% (4.9%) APR. In Deutsche marks 2 (1) deals in TOD terms made for a total of KZT30.0 th. (20 th). The tenge rate against deutsche mark re-valued by 20.7% APR. In euros no deals were made. In general, weekly volume of deals in foreign exchange at KASE is estimated at an equivalent of $39.108 mln ($44.513 mln), or KZT5,575.4 mln (KZT6,344.9 mln). Daily average - $7,821.6 th. ($8,902.6 th.). From Aug. 22 to 28 (more earlier data are unavailable) daily volume of deals in U.S. dollars on the interbank off-exchange market between resident varied from $8,199.0 th. to $14,434.0 th.