 |
Home | Asset Prices | News & Global Markets | Research | Search |
 |
August 3, 1998
The value of the Tenge continues to decrease due to a growing demand for dollars. This demand can be partially explained by increased travels abroad for summer holidays.
Currency Rates on the Currency Exchange (at close 31/07/98)| Currency | ForEx market rate |
National Bank rate |
| KZT/$ | 77.60 |
77.30 |
| KZT/DM | No trades |
43.67 |
| KZT/RR | 12.40* |
13.00 |
*Interbank currency market
Kazakhstan Weekly News is also available free of charge on E-mail. To subscribe via E-mail, please contact us on Lydia@kazks.kz or Madina@kazks.kz.
| Home | Asset Pricing | News & Analysis | Research | Related Sites | Table of Contents | Search We welcome your comments, opinions,
and submissions to EMC. Copyright ©
1996-2000, The Emerging
Markets Companion, and/or its licensors. All Rights Reserved. The
information herein was obtained from sources which The Emerging Markets Companion, Inc.
and its suppliers believe reliable, but they do not guarantee its accuracy. Neither the
information, nor any opinion expressed, constitutes a solicitation of the purchase or sale
of any securities or commodities. Please
read our full disclaimer. |