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Kazakh tenge strengthens against US dollar over week

Finance Materials 9 February 2019 09:39 (UTC +04:00)
Kazakh tenge strengthens against US dollar over week

Baku, Azerbaijan, Feb. 9

By Rashid Shirinov – Trend:

Over the past week, the national currency of Kazakhstan has strengthened by 3.5 tenge against the US dollar at the Kazakhstan Stock Exchange (KASE), Trend reports citing the Kazakh media.

On Monday, Feb. 4, the weighted average rate at the morning and afternoon sessions was 382.23 tenge per dollar, and on Friday, Feb. 8, it was 378.73 tenge.

At the afternoon trading session of the US dollar on Friday, the minimum rate was 377 tenge per dollar, the maximum rate was 380.2 tenge, while the closing rate was 377.8 tenge.

The trading volume amounted to $70.35 million, while the number of currency transactions totaled 181.

Meanwhile, the official rate by the National Bank of Kazakhstan on Feb. 9 is 378.73 tenge per US dollar. In the exchange offices of Astana and Almaty, the maximum selling rate of the US currency is 380 tenge.

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Follow the author on Twitter: @ShirinovRashid

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