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Kazakh tenge weakens 9.85 tenge against dollar on KASE

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Kazakh tenge weakens 9.85 tenge against dollar on KASE

This digest was compiled by AI from multiple sources — links to the originals are below.

The Kazakh tenge weakened sharply on July 24, with the dollar rising 9.85 tenge to 476.07 tenge on the Kazakhstan Stock Exchange (KASE). The National Bank had set the official rate at 465.74 tenge for the day. The Russian ruble and Chinese yuan also strengthened against the tenge.

Trading Results

The dollar's average weighted rate on KASE reached 476.07 tenge, up 9.85 tenge from the previous close, according to Stan.kz. The ruble rose 0.13 tenge to 6.08 tenge, and the yuan gained 1.50 tenge to 70.25 tenge. Vlast.kz reported a slightly different dollar rate of 475.98 tenge, with a decline in trading volume to $491.63 million.

Exchange Rates at Bureaus

In Almaty exchange offices, the dollar was bought at an average of 473.82 tenge and sold at 476.81 tenge. In Astana, buy rates averaged 470.97 tenge and sell rates 477.97 tenge. Nationwide, the dollar traded in the range of 472–477 tenge, the euro at 540–546 tenge, and the ruble at 5.69–5.83 tenge.

Oil Prices Rise

Global oil prices increased on July 24. Brent crude futures rose 0.37% to $101.06 per barrel, while West Texas Intermediate (WTI) gained 1.9% to $91.20 per barrel, according to Zakon.kz.