TODAY.AZ / Business

Deals of $13.05 mln closed at BICEX

01 September 2006 [10:07] - TODAY.AZ
The weighted average exchange price made up 0.8809 AZN/USD at trading sessions held at the Baku Interbank Currency Exchange.

As APA reports, the opening price of the morning session on the BEST (Bourse E-system of Trades) was AZN 0.8815/USD and deals of AZN 2 684 405 were concluded on USD/AZN T+1 tool.

The manat exchange rate fell by 0.0014against USD and stood at 0.8801 AZN/USD at the end of the session.

Deals of AZN 8.811mln were closed on USD/AZM T+0 tool in the midday trading. The exchange rate of manat against USD was AZN 0.8811/USD 1.

According to the results of the two sessions, the total volume of the trades on USD/AZN tool amounted to $13.05 mn or AZN 11 495 405. The average cost per deal was $2 175.

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 15.00% in manats and 14.18% in USD on 90-day tool.

The dealings on credit instrument were concluded between banks.


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