Kazakh national currency loses over 9 tenge to U.S. dollar in a week
Baku, Azerbaijan, Oct. 6
By Rashid Shirinov – Trend:
The exchange rate for the U.S. dollar to Kazakhstan’s tenge is 373.71 on October 6, according to the National Bank of Kazakhstan.
On Monday, October 1, the weighted average rate at the Kazakhstan Stock Exchange (KASE) was at the level of 364.35 tenge per U.S. dollar. Thus, during the trading week, the national currency of Kazakhstan fell in price by 9.36 tenge to the U.S. dollar.
According to the KASE, at the auction of the U.S. dollar in the day session on October 5, the minimum rate was at the level of 372,70 tenge per U.S. dollar, the maximum rate — 374,93 tenge, and the closing rate — 373 tenge. The volume of trading on the U.S. dollar amounted to $75.65 million.
Meanwhile, the maximum selling rate of the U.S. dollar in exchange offices in Kazakhstan is 376 tenge.