TODAY.AZ / Business

Trades at BICEX

12 May 2006 [17:21] - TODAY.AZ
The weighted average exchange prices made up 0,9010 AZN for 1 US dollar in the Baku Interbank Currency Exchange May 12.

The average-weighted dollar exchange rate was 0,9015 AZN at the morning session on US currency today in the BEST (Bourse E-system of trades).

On instrument USD/AZM T+0, deals were not closed.

Manat exchange rate remained unchanged.

In the afternoon session, the volume of $1.580,000 was fixed.

The weighted average exchange rate was 0,9010 AZN for one US dollar.

Thus, the volume of trades in the instrument USD/AZM T+0 for both sessions totaled $1.580,000 which in manat equivalent turned up 1 423 937 AZN.

The average cost of one deal was $ 316 000.

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 14,73 % in manats on 90 day-instruments, and 14,53 % in USD.

No deals on credit instrument between the banks were May 12, AzerTAg informs.


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