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Currency trading sharply decreases at Kazakh Stock Exchange

Business Materials 5 August 2016 12:02 (UTC +04:00)
The volume of foreign currency trading on Kazakhstan Stock Exchange (KASE), including currency swap operations, decreased by 45.6 percent and amounted to 21.83 trillion Kazakh tenges in January-July 2016

Baku, Azerbaijan, August 5

By Elena Kosolapova – Trend:

The volume of foreign currency trading on Kazakhstan Stock Exchange (KASE), including currency swap operations, decreased by 45.6 percent and amounted to 21.83 trillion Kazakh tenges in January-July 2016, as compared to the same period of 2015, said the message on KASE website.

The volume of foreign currency trading in US dollar equivalent decreased by 71.2 percent to $62.49 billion in this period.

In total, trading volume on KASE amounted to 57.41 trillion tenges in January-July 2016, which is by 9.4 percent more than in the same period of 2015.The trading volume in US dollar equivalent decreased by 41.3 percent to $166.23 billion in this period.

Meanwhile, the volume of stock trading increased by 64.4 percent – to $80.4 billion tenges ($237.4 million) during the reporting period.

Trading volume of public securities on KASE totaled 352.4 billion tenges in January-July 2016, which is 11.1 percent less than in the same period 2015. Trading volume of public securities in US dollar equivalent decreased by 53.2 percent to 1 billion tenge in the reporting period.

Edited by SI

Follow the author on Twitter: @E_Kosolapova

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