The US dollar exchange rate against the Kazakh tenge has sharply declined، catching market participants by surprise during trading on the Kazakhstan Stock Exchange (KASE)، reports the website infohub.kz.
According to the exchange، the dollar fell significantly، reaching its lowest levels in recent months. Experts attribute this trend to the strengthening of the tenge، driven by high oil prices and an improved external economic environment.
Market participants expect further fluctuations in the exchange rate depending on developments in global financial markets.