KASE Trades in Foreign Currencies drop 11.1%

    For the first 7 months of 2009, trades in foreign currencies on the KASE decreased by 11.1% to KZT 5.2 trillion ($36.4 billion), Kazakhstan Today reports, citing Kazakhstan Stock Exchange (KASE).
    "For the first seven months of 2009, trades in foreign currencies on the KASE, including currency swap operations totaled KZT 5.174 trillion ($36.37 billion) for a decrease compared with the corresponding period of 2008 by 11.1% (24.6% in dollar equivalent)."
    According to the stock exchange, compared to the previous seven-month period (June - December 2008), trades decreased by 2.5 times, according to Kazakhstan Today.