Trading balance of Kazakhstan. Goods turnover, balance of trading balance. Geographical and commodity structure of export. Geographical and commodity structure of import

Date: 2015-10-07; view: 475.

Dynamics of world prices for major exports of Kazakhstan

Moderate rate of nominal devaluation - the exchange rate of the tenge against the U.S. dollar since the beginning of the year decreased by 3.8% - helped to preserve the level of relative competitiveness prevailing in 2000. Designed for the end of 2001, the index of the real effective exchange rate (REER) was 1.5% lower than in December 2000, with respect to the group of CIS currencies devalued the tenge by 6.9%, and by groups of currencies of other countries more expensive was only 1.8%. Against the background of continued high rates of economic growth of the Russian Federation (5.7% in 2001) is a real devaluation of the tenge against the Russian ruble has kept the export value to Russia at the 2000 level with a significant reduction in prices for base metals. Moderate rates of devaluation contributed to the competitiveness of domestic goods. In January-September 2002 price drop KZT-USD was 2.4%, and for up to the end of September 2002, the index of the real effective exchange rate (REER) of 3 was 6.5% lower than in December 2001. Moreover, in relation to a group of CIS currencies devalued the tenge by 4.3%, and by groups of currencies of other countries - by 8.1%.