Emerging Markets Companion

Home |   Asset Prices | News & Global Markets | Research | Search



Kazkommerts Securities

Kazakhstan Weekly News
Money Markets

March 22, 1999

Latest Kazakhstan Weekly News


The U.S. Dollar was traded at a low of KZT 87.40, and a high of KZT 87.63 per one Dollar on the Almaty Financial Instrument Exchange (AFINEX) last week. The maximum daily traded volume, USD 9,315,000, was reported on Monday. By the end of the week, however, second-tier banks seemed to have exhausted their free reserves. On Friday, the traded volume fell to USD 1,020,000. (IRBIS)

Currency Rates on the Currency Exchange (at close 19/03/98)

Currency

ForEx market rate

National Bank rate

KZT/USD

87.52

87.00

KZT/DM

No trades

48.71

KZT/EURO

No trades

95.27


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.
Please write us at feedback@emgmkts.com


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.