TODAY.AZ / Business

Deal of 5.27mn closed at BICEX

04 August 2006 [09:29] - TODAY.AZ
The weighted average exchange prices made up 0.8869 AZN/USD1 at trading sessions held at the Baku Interbank Currency Exchange yesterday.

As APA reports, the opening price of the morning session on the BEST (Bourse E-system of Trades) was AZN 0.8869/USD 1 and deals of AZN 4 231 188 were concluded on USD/AZN T+1 tool.

The manat exchange rate rose 0.0008 against USD at the end of the session.

Deals of AZN 500 000 were closed on USD/AZM T+0 tool. The exchange rate of manat against USD was AZN0.8869/USD 1.

According to the results of the two sessions, the total volume of the trades on USD/AZN tool amounted to $5.27 or AZN 4 674 638. The average cost per deal was $878 333. On USD/AZN T+1, T+2 tools and SWAP_USD/AZN in BEST, no deals were closed through lack of demand. No bids on EUR/AZN and RUB/AZN tools were made by banks.

In the interbank credit market functioning in the framework of BEST, BakiBOR index counted in line with requests made by market makers constituted 14,48 % in manats and 14,63% in USD on 90-day tool. No deals on credit instrument between the banks were closed yesterday.

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