Currency trades at Kazakhstan Stock Exchange on Feb. 22
By Trend
The afternoon foreign currency trading session ended at Kazakhstan Stock Exchange (KASE). Twenty-six banks participated in the trades, KASE said in a message.
The US dollar's weighted average rate with T+0 (immediate settlement) in tenge was 319.78 tenge per US dollar, with the trades volume at $95.150 million.
No deals were made in US dollar with T+1(settlements implemented in a day) and Т+2 (settlements implemented in 2 days).
The weighted average rate of the US dollar based on results of the morning and afternoon sessions was 319.68 tenge per US dollar, with a total volume of trades at $194.200 million.
Previously, chairman of the National Bank of Kazakhstan Daniyar Akishev stated that the “tenge” strengthened by 4 percent from the beginning of 2018. Demand for tenge in January 2018 also increased. New loans in second-tier banks in January amounted to 830 billion tenge (the rate on loans amounted to 14.7 percent, dollarization of deposits - 45.4 percent).
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