TODAY.AZ / Business

Trades at BICEX

29 September 2006 [09:34] - TODAY.AZ
The weighted average exchange price made up 0.8748 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 0.8752/USD and deals of AZN 7 261 880 were concluded on USD/AZN T+1 instrument. The manat exchange rose 0.0003 against USD and stood at 0.8749 AZN/USD at the end of the session.

Deals of AZN 10 933 510 were closed on USD/AZM T+0 instrument in the midday trading. The exchange rate of manat stood at AZN 0.8747/USD 1.

According to the results of the two sessions, the total volume of the trades on USD/AZN instrument amounted to $20.8mn or AZN 18 195 390.

The average cost per deal was $1 890 909. 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 14.52 % in manats and 14.55% in USD on 90-day instrument.

URL: http://www.today.az/news/business/30782.html

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