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Kazakh tenge depreciates against US dollar

Finance Materials 1 February 2019 10:27 (UTC +04:00)
Kazakh tenge depreciates against US dollar

Baku, Azerbaijan, Feb. 1

By Rashid Shirinov – Trend:

The weighted average US dollar rate in the morning session of the Kazakhstan Stock Exchange (KASE) on Feb. 1 amounted to 381.35 tenge, Trend reports citing the Kazakh media.

Thus, the national currency of Kazakhstan has depreciated by 1.79 tenge against the US dollar compared to the morning session of Jan. 31 (379.56 tenge per US dollar).

At today's morning trading session of the US dollar, the minimum rate was 380.6 tenge per US dollar and the maximum rate was 382.3 tenge, while the closing rate was 382.3 tenge per dollar.

The trading volume amounted to $16.9 million, while the number of currency transactions totaled 44.

Meanwhile, the official rate by the National Bank of Kazakhstan on Feb. 1 is 380.06 tenge per US dollar. In the exchange offices of Astana and Almaty, the maximum selling rate of the US currency is 383 tenge.

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Follow the author on Twitter: @ShirinovRashid

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