TODAY.AZ / Business

Trades at BICEX

04 September 2006 [20:19] - TODAY.AZ
The weighted average exchange prices made up 0,8803 AZN for 1 US dollar in the Baku Interbank Currency Exchange on September 4.

The average-weighted dollar exchange rate was 0,8802 at the morning session on US currency in the BEST (Bourse E-system of trades). On instrument USD/AZM T+0 deals were 880 300AZN. Manat exchange rate dropped 0,0001 and reached 0,8803 AZN.

In the afternoon session, the volume of 8 811 000 AZN was fixed. Thus, the weighted average exchange rate was 0,8811 AZN.

The volume of trades in the instrument USD/AZN T+0 for both sessions totaled USD 1,880,300 ( AZN 11 495 405). The average cost of one deal was $1 000 000.

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

On Instrument EUR/AZN T+0, and RUR/AZN deals were not made.

In the inter-bank credit market functioning in the framework of BEST, BakiBOR index counted in line with requests made by market makers constituted 14,18% in manats on 90 day-instruments, and 14,22 % in USD.

No deals on credit instrument were between the banks on September 4.



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