Azerbaijan’s exchange currency trading jumps

The Baku Interbank Stock Exchange (BBVB) has renewed statistics of its operations. BBVB reports that in March 2012 the 13 participating banks concluded 35 deals in 32 trading sessions in e-trading system (BEST). The total volume of trading in currency auctions for the reported month on USD/AZN totaled AZN 83.8 million or $106.658 million.

The volume of trading in the currency section rose this March by 2.3 times or $59.358 million against February 2012.

The average daily turnover in exchange e-trading system on USD/AZN in March reached approximately $6.67 million, while the average amount of each transaction reached $3.047 million.

Exchange rate of national currency on tool USD/AZN_TOD for the reported month dropped by 0.05% - from AZN 0.7853 to AZN 0.7857 to the US dollar. At that, weighted average rate of U.S. dollar to manat was AZN 0.7858 to the US dollar in March 2012 against AZN 0.7859 in February 2011.

For Jan-Mar 2012 the BBVB currency turnover totaled AZN 185.8 million or $236.455 million.


/abc.az/