Dollar exchange rate has fallen below 500 tenge again

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Dollar exchange rate has fallen below 500 tenge again ©️ Depositphotos.com

Tengrinews.kz – What is the exchange rate of the US dollar in Kazakhstan on February 20?

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Tengrinews.kz – What is the exchange rate of the US dollar in Kazakhstan on February 20?

As a result of the daytime trading session on the Kazakhstan Stock Exchange (KASE), the weighted average exchange rate of the US dollar was 499.76 tenge, decreasing by 3.63 tenge. It is worth noting that the official exchange rate set by the National Bank for February 20 is 503.61 tenge per dollar.

According to kurs.kz, the current average exchange rate in Almaty exchange offices is 500.74 tenge for buying and 503.63 tenge for selling. In Astana, the US dollar is being bought at an average of 500.38 tenge and sold at 506.40 tenge.

Dollar drops below 500. Economists explain tenge’s strengthening

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

On February 13, Deputy Minister of National Economy Arman Kassenov explained the key factors influencing the exchange rate of the tenge and whether a devaluation should be expected.

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