Tengrinews.kz — The exchange rate of the US dollar at trading in Kazakhstan on April 28 has been announced.
Following daytime trading on the Kazakhstan Stock Exchange (KASE), the weighted average dollar rate stood at 457.21 tenge, decreasing by 2.95 tenge. It should be noted that this is the lowest level since June 2024, when the dollar dropped below 460 tenge.
The official exchange rate of the National Bank for April 28 is 460.80 tenge per dollar.
Average dollar rate in Almaty exchange offices:
buy – 457.89 tenge;
sell – 460.14 tenge.
Average dollar rate in Astana exchange offices:
buy – on average 454.06 tenge;
sell – 461.06 tenge.
It should be recalled that on April 24, the National Bank of Kazakhstan made a decision on the base rate. It was kept at the previous level of 18 percent per annum with a corridor of +/- 1 percentage point.
Later, the head of the regulator Timur Suleimenov stated that the National Bank does not rule out the possibility of lowering the base rate in the foreseeable future.
It should be noted that earlier the National Bank of Kazakhstan stated that it does not plan to intervene in the situation with the dollar exchange rate, as the market remains stable and operates within market factors. According to the regulator, demand for foreign currency decreased in the first quarter, and companies shifted from net buyers to net sellers of dollars, which supported the tenge.
The strengthening of the national currency is also supported by high oil prices, inflow of foreign investment into tenge-denominated assets, and seasonal factors. The National Bank notes that its operations are of a planned nature and are not aimed at managing the exchange rate. In general, the current strengthening of the tenge is explained by the balance of supply and demand in the foreign exchange market.
