Rare stability seen in dollar-tenge trading

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©️ Turar Kazangapov ©️ Turar Kazangapov

Tengrinews.kz - The exchange rate of the US dollar in Kazakhstan as of July 4.

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Tengrinews.kz - The exchange rate of the US dollar in Kazakhstan as of July 4.

According to results from the daytime trading session on the Kazakhstan Stock Exchange (KASE), the weighted average exchange rate of the dollar remained unchanged at 519.51 tenge. Such complete stability is a rare phenomenon, as the rate usually fluctuates in response to various internal and external factors.

The official exchange rate set by the National Bank of Kazakhstan for July 4 is 519.57 tenge per dollar.

According to kurs.kz, the average buying rate for the dollar in Almaty exchange offices is currently 519.67 tenge, while the selling rate is 521.39 tenge. In Astana, the average buying rate is 517.65 tenge, and the selling rate is 523.71 tenge.

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