US dollar falls by 4 tenge in Kazakhstan

Tengrinews.kz - The exchange rate of the US dollar during trading in Kazakhstan on August 5.

As a result of the afternoon trading session on the Kazakhstan Stock Exchange (KASE), the weighted average exchange rate of the dollar stood at 537.53 tenge, marking a decrease of 3.98 tenge.

The official exchange rate set by the National Bank for August 5 is 541.82 tenge per US dollar.

According to kurs.kz, the average buying rate of the dollar at exchange offices in Almaty is 537.43 tenge, while the selling rate is 539.64 tenge. In Astana, the average buying rate is 534.72 tenge, and the selling rate is 541.54 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.