In February 2002 a volume of transactions in foreign currency at KASE reached an equivalent of USD139.5m

/IRBIS, Mar 01, 02/ - In February 2002 a volume of transactions in foreign currency at Kazakhstan Stock Exchange (KASE) reached an equivalent of USD139,475.4 th. (KZT21,203.7m) and declined relative to January of 2002 by USD12,291.0 th. (KZT1,808.0m) or by 8.1% (7.9%). Relative to February of last year a volume increased by USD6,161.2 th. (KZT1,830.0m) or by 4.6% (9.4%). In February 2002 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 1,160 deals (1,172) were made within a month (hereafter comparable figures of previous month are given in parentheses), including: in U.S. dollars on TOD terms - 1,130 (1,122), on TOM terms at main, additional and evening sessions - 12 (42); in Russian ruble - 16 (8), in euro - 1 (0). A share of US dollar In a total turnover of the exchange currency market totaled 99.5% (99.4%). Volume of transactions in U.S. dollars reached $138,810.0 th. ($150,880.0) for KZT21,102.5m (22,877.3). For comparison, total volume of USD deals in February 2001 at KASE amounted to $132,955.0 th. for KZT19,321.6m. Tenge devaluation rate against dollar, calculated at weighted average rate of the main session of the Exchange, is estimated in February 2002 (Jan 31, 02 = KZT151.87 - Feb 28, 02 = KZT152.12) by a trend of 2.14% APR. Last month average devaluation rate of tenge was equal to 7.28% APR. Weighted average rate of the U.S. dollar against the tenge, calculated by the deals of the main session in February - KZT152.02 per unit. For January 2002 - KZT151.62 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 February 2002 (February 1, 02 through February 28, 02, later data are unavailable) reached $245,363.0 th. Volume of all interbank over- the-counter market during this period: purchases - $248,096.0 th., sales - $259,470.0 th. For Russian rouble volume of deals in February 2002 reached RUR18.4m (27.1m) for a total of KZT90.6m (134.4m). Tenge fluctuation rate against rouble, estimated using weighted average rate of KASE, equaled in February 2002 (Jan 31, 02 = KZT4.9460 - Feb 28, 02 = KZT4.9164) by a trend of negative 7.80% APR (tenge to ruble was strengthening). Last month this figure was 13.65% APR. Volume of over-the-counter transactions on Russian rouble between operators-residents of Kazakhstan according to the National Bank data, in February 2002 (from Feb 01,02 to Feb 28,02, later data are unavailable) was RUR60,162.0 th. Volume of deals of entire over-the counter interbank market (taking into account non-residents) in this period: purchase - RUR65,688.0 th., sale - RUR72,060.0 th. For euro a volume of deals in February 2002 was EUR80.0 th. (0) for total amount of KZT10.6m (0).