TODAY.AZ / Business

Trades at BICEX

03 October 2006 [19:15] - TODAY.AZ
The weighted average exchange prices made up 0.8747 AZN for 1 US dollar in the Baku Interbank Currency Exchange on October 3.

The average-weighted dollar exchange rate was 0.8747 at the morning session on US currency in the BEST (Bourse E-system of trades).

On instrument USD/AZM T+0 deals were 10,024,580 AZN.

Manat exchange rate dropped 0.0001 pints and reached 0.8748 AZN.

In the afternoon session, the volume of 1,265,177 AZN was fixed. Thus, the weighted average exchange rate was 0.8745 AZN.

The volume of trades in the instrument USD/AZM T+0 for both sessions totaled 11,289,757 AZN (USD 12,896,000).

The average cost of one deal was $1,612,000.

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 14.93 % in manats on 90 day-instruments, and 15.12 % in USD.

No deals on credit instrument between the banks were on October 3. AzerTAg

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