TODAY.AZ / Business

Deals of $5.71mn closed at BICEX, Sep.15

16 September 2006 [10:22] - TODAY.AZ
The weighted average exchange price made up 0.8777 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 0.8785/USD and deals of 1 808 992 were concluded on USD/AZN T+1 instrument.

The manat exchange rose 0.0009 to 0.8776 AZN/USD at the end of the session.

Deals of AZN 3 204 500 were closed on USD/AZM T+0 instrument in the midday trading. The exchange rate of manat stood at AZN 0.8778/USD 1.

According to the results of the two sessions, the total volume of the trades on USD/AZN instrument amounted to $5.71mn or AZN 5 012 997.

The average cost per deal was $713 750. On USD/AZN T+1, T+2 instruments and SWAP_USD/AZN in BEST, no deals were closed through lack of demand.

No bids on RUB/AZN and EUR/AZN T+1instruments 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 15.44% in manats and 15.50% in USD on 90-day instrument.

URL: http://www.today.az/news/business/30253.html

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