Dollar exchange rate fell below 495 tenge

Tengrinews.kz - The US dollar exchange rate in Kazakhstan decreased on March 7.

By the end of the evening trading session on the Kazakhstan Stock Exchange (KASE), the weighted average dollar exchange rate stood at 494.84 tenge, decreasing by 1.49 tenge. The official exchange rate set by the National Bank for March 7 is 495.95 tenge per dollar.

According to kurs.kz, the current average buying rate for the dollar in Almaty exchange offices is 492.00 tenge, while the selling rate is 495.37 tenge. In Astana, the currency is being bought at an average of 493.67 tenge and sold for 500.00 tenge.

Dollar drops below 500. Economists explain tenge’s strengthening

Earlier, financial market experts in Kazakhstan shared their forecasts for the dollar exchange rate.