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November 2, 1998
The price of the Dollar ranged between KZT 81.80 and 81.9999 on the Almaty Financial Instrument Exchange (AFINEX) last week, showing that the situation in the currency market was relatively stable. The daily traded volumes were quite large (around USD 6m) with the exception of Monday when transactions were made only in the final minutes of the session and the traded volume reached just USD 750,000. The maximum traded volume of USD 10,995,00 was reported on Tuesday.
Deutsche Marks were not traded on the AFINEX last week.
Currency Rates on the Currency Exchange (at close 30/10/98)
| Currency | ForEx market rate |
National Bank rate |
| KZT/$ | 81.87 |
81.45 |
| KZT/DM | No trades |
50.12 |
| KZT/RR | 5.10* |
5.00 |
*Interbank currency market
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