U.S. dollar market of Kazakhstan: day results

/IRBIS, Apr 11, 01/ - Following is the table of major indicators of Kazakhstan market for U.S. dollar (more than 98% of country's all currency market). Trends are shown relative to the figures of previous day. ----------------------------------------------------------------------------- Trades in U.S. dollars at Kazakhstan stock exchange (KASE) ----------------------------------------------------------------------------- Instrument USD TOD USD TOD USD TOM USD SPOT Session Main Additional. Evening Evening Time of trades (AST) 10:15a-11:00a 14:00a-3:30p 2:00p-6:00p 2:00p-6:00p Rate (KZT/USD) 145.54(-0.02) 145.54(-0.03) - - Volume of session (mln) 4.870(-3.075) 0.645(-0.065) 0 0 Bid 145.54(-0.01) 145.50(-0.05) - - Ask 145.55(-0.01) 145.54(-0.04) - - Number of participants 16 15 0 0 ----------------------- ------------- ------------- ----------- ------------- Indicative U.S. dollar quotations on interbank over-the-counter market in information system REUTERS at closing of KASE sessions (disregarding settlement dates) ----------------------------------------------------------------------------- Bid 145.53(+0.01) 145.48(-0.08) 145.51(-0.04) Ask 145.57(+0.02) 145.54(-0.07) 145.56(-0.05) ----------------------------------------------------------------------------- Notes: weighted average rate is given for main session, for additional - closing rate; best ask and offer prices at closing of the trades are shown as the Exchange quotations; in case of their absence the last quotations (marked by a star) in the trades system are given. No changes on the dollar market. The sole differences compared to Tuesday market is growing deficit of tenge. On demand, overnight grew up to 6%. In the KASE repo sector rates have markedly grown up (till 5.26% for overnight). Borrowing volume of short-money reached KZT925.9 mln. Demand has visibly fallen at floatation of MEOKAM bonds. Limited tenge liquidity led to steady decline of dollar rate during the day despite active morning support of National Bank. The lowering could be considered as symbolic. Extension of this trend on tomorrow should be considered cautiously. The market is stable, only slight changes at both directions look possible. In general, tenge caught growth trend under pressure of exporters.