TODAY.AZ / Business

Trades at BICEX

02 March 2006 [17:44] - TODAY.AZ
The weighted average exchange prices made up 0,9128 AZN for 1 US dollar in the Baku Interbank Currency Exchange on March 2.

According to AzerTAg, the average-weighted dollar exchange rate was 0,9128 AZN/USD at the morning session on US currency today in the BEST (Bourse E-system of trades). Deals on instrument USD/AZN T+0 were 250 000. Manat exchange rate did not change.

In the afternoon session, the volume of $ 300 000 million was fixed. Thus, the weighted average exchange rate was 0,9128 AZN.

Thus, the volume of trades in the instrument USD/AZM T+0 for both sessions totaled $550 000, which in manat equivalent turned up 502 040 AZN. The average cost of one deal was $ 275 000 thousand.

On USD/AZN T+1, T+2 instrument in BEST, no deals were closed because of lack of demand. No deals were made on instrument RUR/AZN and EUR/AZN.

In the inter-bank credit market functioning in the framework of BEST, BakiBOR index counted in line with requests made by market makers constituted 14,91 % in manats on 90 day-instruments, and 14,75 % in USD.

No deals on credit instrument between the banks were on March 2.


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