U.S. dollar market of Kazakhstan: day results

/IRBIS, October 10, 02/ - Following is the table of major indicators of Kazakhstan market for U.S. dollar (more than 99% of country's all currency market). Trends are shown relative to corresponding 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 11:30a-3:30p 2:00p-6:00p 2:00p-6:00p Rate (KZT/USD) 154.41(-0.04) 154.39(-0.05) 154.39 - Volume of session (m) 20.495(+15.780) 6.450(+1.875) 0.500 0 Bid 154.40(-0.05) 154.39(-0.03) 154.38(-0.04) - Offer 154.41(-0.05) 154.40(-0.04) 154.40(-0.06) - Number of participants 19(+2) 13( -) 5(+1) - ---------------------- --------------- ------------- ------------- ------------- Indicative U.S. dollar quotations in over-the-counter market in information system REUTERS at closing of KASE sessions (disregarding settlement dates) -------------------------------------------------------------------------------- Bid 154.39(-0.03) 154.36(-0.03) 154.37(-0.05) Offer 154.43(-0.03) 154.39(-0.05) 154.42(-0.04) -------------------------------------------------------------------------------- Notes: weighted average rate is given for main and evening sessions, for additional - closing rate; best ask and offer prices at closing of the trades are shown as the Exchange's quotations. During the whole past day dollar rate at the country's money market was constantly decreasing. Nothing special occurred during the main session, there were no abrupt changes in the dynamics of quotations and dollar price. During the day trades, despite rather active work of banks while purchasing of USD, traders did not manage to raise USD rate and keep the market on the level of the morning session. During the trade dollar tended to decreasing. Over the counter quotations demonstrated solidarity with exchange's ones, and in the afternoon the tendency of dollar's positions weakening became rather obvious. In the evening the market closed on lower level than on Wednesday. On the last day of the week, in the opinion of IRBIS analysts, one can expect insignificant decrease of US dollar rate. [2002-10-10]