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July 6, 1998
The considerable fall in the national currency that occurred on the previous week, continued the last week as well. Despite the summer season, the traders showed substantial activity at the AFINEX (Almaty Financial Instruments Exchange). The US Dollar was up to KZT77.20 by the end of the week.
As for the Deutsche Mark, no trades were held for this currency over the last month and a half.
Currency Rates on the Currency Exchange (at close 03/07/98)| Currency | ForEx market rate |
National Bank rate |
| KZT/$ | 77.20 |
76.95 |
| KZT/DM | No trades |
43.04 |
| KZT/RR | 12.48* |
13.00 |
*Interbank currency market
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