TODAY.AZ / Business

Trades at BICEX

07 September 2006 [09:08] - TODAY.AZ
The weighted average exchange price made up 0.8795 AZN/USD at trading sessions held at the Baku Interbank Currency Exchange on Wednesday.

BICEX told APA that the opening price of the morning session on the BEST (Bourse E-system of Trades) was AZN 0.8804/USD and deals of AZN 21 998 were concluded on USD/AZN T+1 tool.

The manat exchange rate rose 0.0005 against USD and stood at 0.8899 AZN/USD at the end of the session.

Deals of AZN 634 132 were closed on USD/AZM T+0 tool in the midday trading. The exchange rate of manat against USD was AZN 0.8795/USD 1.

According to the results of the two sessions, the total volume of the trades on USD/AZN tool amounted to $746 000 or AZN 656 129.

The average cost per deal was $186 500.

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 14.68% in manats and 14.70% in USD on 90-day tool.

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