Tenge exchange rate continues to fall

Tenge exchange rate continues to fall

The exchange rate of the tenge is continuing its fall, amounting to 349.12 tenges per dollar at the morning trading session of the Kazakhstan Stock Exchange (KASE), which is 7.18 tenge less than on the morning of December 18, the KASE website said.

No bids were carried out December 16 and December 17 in connection with the celebration of Independence Day in Kazakhstan, and on December 14-15 the tenge rate fell from 311.92 tenges to 337.80 tenges per dollar.

The exchange rate of the tenge has halved since July 2015, when it was 186 tenges per dollar, Trend reports.

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