U.S. dollar market of Kazakhstan: day results

/IRBIS, November 4, 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) 154.49(+0.07) 154.49(+0.07) - - Volume of session (m) 5.320(-0.290) 4.490(-0.790) 0(-1.000) 0 Bid 154.48(+0.06) 154.47(+0.06) 154.43(+0.01) - Offer 154.49(+0.06) 154.49(+0.07) - - Number of participants 19(+1) 12(-3) 4(-3) 0 ---------------------- ------------- ------------- ------------- ------------- Indicative U.S. dollar quotations in over-the-counter market in information system REUTERS at closing of KASE sessions (disregarding settlement dates) ------------------------------------------------------------------------------ Bid 154.45(+0.06) 154.46(+0.05) 154.46(+0.04) Offer 154.50(+0.06) 154.52(+0.06) 154.52(+0.05) ------------------------------------------------------------------------------ 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. The morning growth of dollar's rate was the only interesting event at Kazakhstan money market, which still remains calm and stable in every respect. There is the only peculiarity, which is an unusual disposition of banks at KASE, because lately there is no exact adherence of trades participants, who form the conjuncture, for any kind of transactions (for USD purchase or sale). Banks often change their positions at the stock exchange and the increased volatility of dollar's rate and the seeming "nicety" of the market is explained by it. However amplitude of rate fluctuations is not great and occurs in a rather narrow price corridor. Results of the day do not allow to say about appearance of any new tendencies at the market. On Tuesday both growth of dollar rate and its insignificant going down are equally probable. [2002-11-04]