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Kazkommerts Securities

Kazakhstan Weekly News
Money Markets

December 7, 1998

Latest Kazakhstan Weekly News


The Tenge devaluated by 20 points from 30 November to 4 December on the Almaty Financial Instrument Exchange (AFINEX). The traded volume of Dollars fluctuated sharply between USD 11,955,000 on Monday and USD 3,720,000 on Thursday. Deutsche Marks were not traded on the AFINEX last week. (AFINEX)

Currency Rates on the Currency Exchange (at close 04/12/98)

Currency

ForEx market rate

National Bank rate

KZT/$

83.20

82.90

KZT/DM

No trades

49.43


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