STATISTICS: Weekly volume of transactions in forex at KASE -equivalent of $41.889 mln

/IRBIS, Sep.8, 00/ - During the thirty seventh calendar week of the year 2000 (September 4 - 10) trades in U.S. dollars, Deutsche marks and Euro on 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): 447 (338) deals were made for a total of $41,870 th. ($39,095 th.). All deals were made on TOD terms. Average volume of the trading day at KASE in U.S. dollars equalled $8,374 th. ($7,819 th.). Tenge devaluation against the U.S. dollar, calculated at weighted average rate of the Exchange on September 8 (only the morning session is considered), is estimated by a trend: - short-term (week) - 13.23% (-1.4%) APR, - mid-term (last 30 days) - 3.3% ( 0.3%) APR, - long-term (from the beginning of this year) - 5.0% (4.7%) APR. In Deutsche marks 1 (2) deal was made on TOD terms for 40.0 th. (30) currency units. The tenge devalued against the mark at 126.1% APR. In euros no deals were made. In general, weekly volume of deals in foreign exchange at KASE is estimated at an equivalent of $41.889 mln ($39.108 mln), or KZT5,980.5 mln (KZT5,575.4 mln). Daily average - $8,377.8 th. ($7,821.6 th.). From August 29 through September 5 (more earlier data are unavailable) daily volume of deals in U.S. dollars on the interbank over-the-counter market between resident varied from $4,260.0 th. to $24,239.0 th.