The US dollar exchange rate continued its upward trend following the trading session on May 13, reports Todayinfo.
According to the results of daytime trading on the Kazakhstan Stock Exchange (KASE), the weighted average rate of one US dollar reached 467.63 tenge. This figure is higher compared to the previous trading day.
Such fluctuations in the currency market are influenced by both global economic conditions and internal factors. Experts attribute the tenge's volatility to changes in oil prices and the geopolitical situation.
A steady increase in the dollar's exchange rate has been observed recently. This could lead to higher prices for imported goods and affect the purchasing power of the population.
