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- Opening ceremony of trading in currency pair Kazakhstan tenge / Chinese yuan took place on KASE
Opening ceremony of trading in currency pair Kazakhstan tenge / Chinese yuan took place on 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.
Press release