TODAY.AZ / Business

Trades at BICEX

14 April 2006 [17:40] - TODAY.AZ
The weighted average exchange prices made up 0.9064 AZN for 1 US dollar in the Baku Interbank Currency Exchange April 13.

The average-weighted dollar exchange rate was 0.9074 AZN at the morning session on US currency today in the BEST (Bourse E-system of trades). On instrument USD/AZM deals were not registered. Manat exchange rate remained unchanged.

In the afternoon session, the volume of $600 thousand was fixed. The weighted average exchange rate was 0.9064 AZN for one US dollar.

Thus, the volume of trades in the instrument USD/AZM T+0 for both sessions totaled $600 thousand which in manat equivalent turned up 543,840 AZN. The average cost of one deal was $ 300 000 thousand.

On USD/AZM T+1, T+2 instrument in BEST, no deals were closed because of lack of demand. Deals were not made on instrument RUR/AZM.

In the inter-bank credit market functioning in the framework of BEST, BakiBOR index counted in line with requests made by market makers constituted 14.48% in manats on 90 day-instruments, and 14.12% in USD.

No deals on credit instrument between the banks were on April 13, Trend reports.

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