KASE: In November, the dollar gained 5% against the tenge.

Astana. December 13. KAZAKHSTAN TODAY - By the end of November, the dollar exchange rate based on trading at the Kazakhstan Stock Exchange reached 512.52 tenge, marking a 5% increase in the price of the American currency over the month.

According to KASE, the trading volume in the foreign exchange market decreased by 18.6% compared to October, totaling 3.8 trillion tenge. The average daily trading volume was 182.5 billion tenge, with an average of 977 transactions per day and an average transaction amount of 186.8 million tenge.

The table below outlines the key characteristics of the currency pairs traded on KASE (the figures in parentheses indicate the change compared to the previous month, reflecting the nominal change in the weighted average exchange rate of foreign currency against the tenge).

Recently, it was reported that the tenge exchange rate has once again declined, as the currency of Kazakhstan reacts to the devaluation of the ruble. The session on December 12 closed with the dollar at 517.74 tenge.

The National Bank has revised its inflation forecast upwards.