TODAY.AZ / Business

Trades at BICEX

28 July 2006 [20:05] - TODAY.AZ
The weighted average exchange prices made up 0,8882 AZN for 1 US dollar in the Baku Interbank Currency Exchange on July 28.

The average-weighted dollar exchange rate was 0,8882 AZN/USD at the morning session on US currency today in the BEST (Bourse E-system of trades).

The amount of deals on instrument USD/AZM T+0 totaled $10.650.000.

Manat exchange rate remained unchanged.

In the afternoon session, the volume of 500.000 AZN was fixed. Thus, the weighted average exchange rate was 0,8878 AZN.

Thus, the volume of trades in the instrument USD/AZM T+0 for both sessions totaled $11.150.000 which in manat equivalent turned up 9.903.290 AZN.

The average cost of one deal was $2.787.500

On USD/AZN T+1, T+2 instrument in BEST, no deals were closed because of lack of demand.

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 14,63% in USD.

No deals on credit instrument between the banks were on July 28.

/AzerTAg/

URL: http://www.today.az/news/business/28553.html

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