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Kazakh tenge goes down against US dollar

Finance Materials 7 December 2018 09:30 (UTC +04:00)

Baku, Azerbaijan, Dec. 7

By Rashid Shirinov – Trend:

The weighted average US dollar rate in the morning session of the Kazakhstan Stock Exchange (KASE) on Dec. 7 amounted to 370.37 tenge, Trend reports citing Kazakh media outlets.

Thus, the national currency of Kazakhstan has depreciated by 0.95 tenge against the US dollar compared to the morning session of Dec. 6 (369.42 tenge per US dollar).

At today's morning trading session of the US dollar, the minimum rate was 370 tenge per US dollar and the maximum rate was 370.9 tenge, while the closing rate was 370.75 tenge per dollar.

The trading volume amounted to $29.75 million, while the number of currency transactions totaled 72.

Meanwhile, the official rate by the National Bank of Kazakhstan on Dec. 7 is 369.98 tenge per US dollar. In the exchange offices of Astana and Almaty, the maximum selling rate of the US currency is 373 tenge.

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Follow the author on Twitter: @ShirinovRashid

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