Tax week contributed to the movement in both money and foreign exchange markets

This week TONIA moved within the range of 13.50-15.25%, approaching the upper boundary of the NBK base rate corridor by the end of the week. TRION concluded the week at 15.00% with an average trade size of KZT783.21 bn per day. TWINA ended the reporting period at 13.88% – 116 and 112 bps below the overnight indices, TONIA and TRION respectively.

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