Kazakh tenge remains stable against US dollar over week


(MENAFN- Trend News Agency) Baku, Azerbaijan, Feb. 23

By Rashid Shirinov – Trend:

Over the past week, the national currency of Kazakhstan has depreciated by 0.47 tenge against the US dollar at the Kazakhstan Stock Exchange (KASE), Trend reports via Kazakh media.

On Monday, Feb. 18, the weighted average rate at the morning and afternoon sessions was 376.26 tenge per US dollar, and on Friday, Feb. 22, it was 377.73 tenge.

At the afternoon trading session of the US dollar on Friday, the minimum rate was 375.5 tenge per dollar, the maximum rate was 378.8 tenge, while the closing rate was 375.51 tenge.

The trading volume amounted to $81.95 million, while the number of currency transactions totaled 201.

Meanwhile, the official rate by the National Bank of Kazakhstan on Feb. 23 is 376.73 tenge per US dollar. In the exchange offices of Astana and Almaty, the maximum selling rate of the US currency is 378 tenge.

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