OPENING CEREMONY OF TRADING IN CURRENCY PAIR KAZAKHSTAN TENGE / CHINESE YUAN TOOK PLACE ON KASE
25.09.14 11:35
/KASE, September 25, 14, last paragraph added/ – Today, the first trading
session in currency pair the Chinese yuan / the Kazakhstan tenge (CNYKZT_TOD)
was held on Kazakhstan Stock Exchange (KASE).
The ceremony of launch of trading in the currency pair was attended by
representatives of the National Bank of the Republic of Kazakhstan, Subsidiary
Bank "Bank of China in Kazakhstan" JSC, Subsidiary Bank "Sberbank of Russia" JSC
and KASE.
The volume of transactions in the Chinese Yuan concluded on KASE on the first
day of trading made KZT5,928 th. In total, 2 transactions, each worth
CNY200 th., were concluded at a price of KZT29.64 per yuan. The best quotations
at the session close made up KZT29.61/29.63 per Chinese yuan.
In accordance with the trade schedule trading in the Chinese yuan is conducted
within the morning trading session on KASE from 10:15 to 11:00 o'clock Almaty
time. Settlements will be carried out according to scheme T+0, i.e. on the day
of concluding the transaction.
Obligations of the market-maker for the Chinese yuan on KASE are assigned to
Subsidiary Bank "Bank of China in Kazakhstan" JSC, Subsidiary Bank "Sberbank of
Russia" JSC.
[2014-09-25]