In November volume of transactions in foreign currency at KASE reached an equivalent of USD204.1m

/IRBIS, Dec 3, 01/ - In November 2001 in foreign exchange currency sector of the Kazakhstan Stock Exchange (KASE) trades were held in U.S. dollars (TOD, TOM, SPOT terms), euros and Russian roubles (TOD). Three sessions were held daily: the morning (main - TOD, if it falls on a holidays in USA or Europe - TOM), day (additional - TOD, if it falls on a holidays in USA or Europe - TOM) and evening (additional - TOM, SPOT). Total of 1,352 deals (1,572) were made within a month (hereafter comparable figures of previous month are given in parentheses), including: in U.S. dollars on TOD terms - 1,285 (1,508), on TOM terms at main, additional and evening sessions - 54 (61), SPOT terms - 1 (0); in Russian rouble - 10 (2), in euro on main and additional sessions - 2 (1). Total volume of the operations reached an equivalent of KZT30,317.9m (33,711.0), or $204,056.9 th. (227,735.8). The U.S. dollar accounted for 99.7% (99.9%) of the Exchange's total turnover. Volume of transactions in U.S. dollars reached $203,550.0 th. (227,605.0) for KZT30,242.6m (33,691.6). For comparison, total volume of USD deals in November 2000 at KASE amounted to $137,950.0 th. for KZT19,861.7m. Tenge devaluation rate against dollar, calculated at weighted average rate of the main session of the Exchange, is estimated in November 2001 (Oct 31, 01 = KZT148.12 - Nov 30, 01 = KZT148.95) by a trend of 6.82% APR. Last month average devaluation rate of tenge was equal to 2.45% APR. Weighted average rate of the U.S. dollar against the tenge, calculated by the deals of the main session in November - KZT148.56 per unit. For October 2001 - KZT148.03 per dollar. Based on the data of the National Bank, volume of interbank over-the- counter deals in U.S. dollars between the operators-residents of Kazakhstan in November 2001 (November 1, 01 through November 27, 01, later data are unavailable) reached $227,740.0 th. Volume of all interbank over-the-counter market during this period: purchases - $260,792.0 th., sales - $266,537.0 th. For Russian rouble volume of deals in November 2001 reached RUR13.5m (3.6) for a total of KZT67.4m (18.0). Tenge fluctuation rate against rouble, estimated using weighted average rate of KASE, equaled in November 2001 (Oct 31, 01 = KZT5.0090 - Nov 30, 01 = KZT4.9680) by a trend of negative 9.96% APR (tenge was firming against rouble). Last months this figure was negative 2.42% APR. For euro volume of transactions in November 2001 totaled EUR60.0 th. (10.0) total for KZT7.8m (1.3). Tenge fluctuation rate against euro, estimated using weighted average rate of KASE, equaled in November 2001 (Oct 31, 01 = KZT132.85 - Nov 30, 01 = KZT130.80) by a trend of negative 18.77% APR (tenge was firming against euro). Last months this figure was negative 31.94% APR.