Azerbaijan sees rise in volume of stock exchange currency transactions

The total volume of trades in USD/AZN currency section of Baku Interbank Currency Exchange (BBVB) in November hit 61.803 million manat or 78.773 million in dollar equivalent, BBVB said today.

The total volume of trades in currency section of Baku Interbank Currency Exchange (BBVB) in Nov. decreased by 9.685 million manat or 14 percent compared to October.

The average daily turnover in "Bourse E-System of Trades" on USD/AZN reached approximately $ 3.751 million in Nov., then that the average volume of each transaction has made $ 2.188 million.

In total, 10 banks took part in the trades of currency section of the BBVB. In accounting month in "Bourse E-System of Trades" (BEST) 42 trading sessions were conducted and 36 transactions were registered.

The exchange rate of national currency on USD / AZN_TOD in the reporting month, dropped by 0.03 percent - from 0.7836 to 0.7838 manat per $1. The average rate of the U.S. dollar compared to manat was 0.7846 manat per $1 in Nov. 2012 compared to 0.7849 manat as of October.


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