TODAY.AZ / Business

Trades at BICEX

10 August 2006 [09:34] - TODAY.AZ
The weighted average exchange price made up 0.8867 AZN/USD at trading sessions held at the Baku Interbank Currency Exchange yesterday.

As APA informs, the opening price of the morning session on the BEST (Bourse E-system of Trades) was AZN 0.8867/USD and deals of AZN 76 431 796.50 were concluded on USD/AZN T+1 tool.

The manat exchange rate rose 0.0004 against USD at the end of the session.

Deals of AZN 4 609 780 were closed on USD/AZM T+0 tool. The exchange rate of manat against USD was AZN0.8865/USD 1.

According to the results of the two sessions, the total volume of the trades on USD/AZN tool amounted to $91.395mn or AZN 81 041 576.50.

The average cost per deal was $10.155mn. 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 RUB/AZN and EUR/AZN T+1tools 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 15.02% in manats and 15.06% in USD on 90-day tool.

No deals on credit instrument between the banks were closed yesterday.

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