TODAY.AZ / Business

Deals of $550 000 closed at BICEX

06 September 2006 [10:06] - TODAY.AZ
The weighted average exchange price made up 0.8804 AZN/USD 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 0.8803/USD and deals of AZN 440 450 were concluded on USD/AZN T+1 tool.

The manat exchange rate remained unchanged against USD at the end of the session.

Deals of AZN 44 020 were closed on USD/AZM T+0 tool in the midday trading. The exchange rate of manat against USD was AZN 0.8804/USD 1.

According to the results of the two sessions, the total volume of the trades on USD/AZN tool amounted to $550 000 mn or AZN 484 470. The average cost per deal was $183 333.

Deals of AZN 176 260 were concluded on USD/AZN T+1 and the exchange rate of manat was 0.8805AZN/USD. On 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 15.25% in manats and 15.90% in USD on 90-day tool.

URL: http://www.today.az/news/business/29803.html

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