US dollar drops to 536 tenge in Kazakhstan

Tengrinews.kz - The exchange rate of the US dollar against the tenge declined on August 6, according to trading data from the Kazakhstan Stock Exchange (KASE).

By the end of the daytime trading session, the average weighted exchange rate of the US dollar stood at 536.58 tenge, marking a decrease of 0.97 tenge. The official exchange rate set by the National Bank of Kazakhstan for August 6 is 537.53 tenge per dollar.

According to data from kurs.kz, the average dollar purchase rate in Almaty exchange offices is 537.79 tenge, while the average selling rate is 539.86 tenge. In Astana, exchange offices are buying US dollars at an average of 534.58 tenge and selling at 541.58 tenge.

It is worth noting that on July 31, First Deputy Prime Minister Roman Sklyar shared a forecast for the dollar exchange rate in Kazakhstan:

"Our forecast — mine and that of my colleagues — is that the dollar rate will roll back. It won't remain this high. We've seen this many times before, when the rate eventually stabilized. I believe the National Bank will take the necessary measures, and the market will adjust accordingly," he said during a government briefing.