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April 5, 1999
Last week, hard currency and futures trades took place on the Almaty Financial Instrument Exchange (AFINEX). However, starting on 1 April all of these transactions were transferred to the KASE in accordance with an earlier decision to merge these two stock exchanges. During the week, the U.S. Dollar was traded at a low of KZT 87.70 and a high of KZT 88.32. The daily traded volume fell from USD 7,255,000 on Monday to USD 1,110,000 on Friday. (IRBIS)
Currency Rates on the Currency Exchange (at close 02/04/98)
| Currency | ForEx market rate |
National Bank rate |
| KZT/USD | 88.30 |
87.50 |
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