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Kazakh tenge to US dollar rate breaks historical record

Finance Materials 3 October 2019 14:41 (UTC +04:00)
Weighted average dollar rate during the session of Kazakhstan Stock Exchange on October 3, 2019, has equaled 389.24 tenge
Kazakh tenge to US dollar rate breaks historical record

Baku, Azerbaijan, October 3

By Nargiz Sadikhova – Trend:

Weighted average dollar rate during the session of Kazakhstan Stock Exchange on October 3, 2019, has equaled 389.24 tenge having broke the historical record once again, Trend reports with reference to stock exchange data.

Compared to the data as for October 2 (388.76 tenge per dollar), the national currency of Kazakhstan has decreased in price by 0.48 tenge.

In the exchange offices of Nur-Sultan and Almaty, the maximum selling rate of the US dollar was 390 tenge and 391.5 tenge respectively.

As of October 3, 2019, the official exchange rate set by National Bank of Kazakhstan stood at 388.87 tenge per one US dollar.

Official rate is set based on the results of the stock’s sessions of the previous day.

On July 26, 2019, the dollar rate during stock session equaled 384.92 tenge, having exceeded its maximal historical record. As of August 8, 2019, one dollar cost 387.73 tenge.

Weighted average dollar rate during the session of Kazakhstan Stock Exchange on August 9, 2019, amounted to 387.44 tenge, having strengthened for the first time since the recent breaking of the historical record.

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