BAKU, Azerbaijan, January 11
By Nargiz Sadikhova - Trend:
Trading on the currency platform of the Kazakhstan Stock Exchange will resume from January 12, 2022, Trend reports citing Kazakh National Bank.
In order to maintain bank liquidity, in addition to standard instruments, the National Bank of Kazakhstan began to apply a liquidity support mechanism through repo transactions on the Kazakhstan Stock Exchange (KASE) for a period of up to three months. All the needs of second-tier banks are met in full.
Due to the stabilization of the situation in the city of Almaty and other regions, as well as the gradual restoration of internet connection, trading at Kazakhstan Stock Exchange, foreign exchange operations of second-tier banks and non-bank exchange offices, as well as international payments and transfers will be resumed starting January 12.