Kazakhstani banks purchased 1.7 billion euros in the over-the-counter market in July, a 98% increase over June, according to the statistics published by the National Bank of Kazakhstan.
The majority of deals, 98.4%, were transactions between Kazakhstani banks, with only €37.1 million of the transactions involving foreign parties.
The banks purchased €17.5 million, which is 63.3% less than in May. June’s indicator turned out to be the smallest this year, while July’s, on the contrary, was the biggest by solid margins.
A drastic increase of yuan purchasing transactions could be noticed. The banks bought 3.9 billion yuan in July...