Tenge Strengthens Against Dollar as Trading Volume Increases

In September, Kazakhstan's tenge strengthened by 4.6% against the US dollar, reaching 440.86 tenge per dollar on the KASE exchange. This occurred despite the National Bank lowering the base rate and purchasing dollars for pension assets. Trading volume on the exchange surged by 20.6% to $11.33 billion, the highest since January.

Read the full article at Egemen Qazaqstan →

Headline and summary written by daryo. The full report belongs to Egemen Qazaqstan.