TODAY.AZ / Business

Deals at BICEX

07 October 2006 [10:15] - TODAY.AZ
The weighted average exchange price made up 0.8739 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 0.8739/USD and deals of AZN 546 213 were concluded on USD/AZN T+1 instrument.

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

Deals of AZN 332 116 were closed on USD/AZM T+0 instrument in the midday trading. The exchange rate of manat stood at AZN 0.8737/USD 1.

According to the results of the two sessions, the total volume of the trades on USD/AZN instrument amounted to $1.5mn or AZN 878 329.

The average cost per deal was $201 000.

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 14.90% in manats and 15.06% in USD on 90-day instrument.


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