TODAY.AZ / Business

Trades at BICEX

09 October 2006 [22:49] - TODAY.AZ
The weighted average exchange prices made up 0.8739 AZN for 1 US dollar in the Baku Interbank Currency Exchange on October 9.

The average-weighted dollar exchange rate was 0.8739 at the morning session on US currency in the BEST (Bourse E-system of trades).

On instrument USD/AZM T+0 deals were 2,621,700 AZN.

Manat exchange rate remained unchanged.

In the afternoon session, the volume of 87,340 AZN was fixed. Thus, the weighted average exchange rate was 0.8734 AZN.

The volume of trades in the instrument USD/AZM T+0 for both sessions totaled 2,709,040 AZN (USD 3,100,000).

The average cost of one deal was $1,550,000.

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 15.36 % in manats on 90 day-instruments, and 15.53 % in USD.

No deals on credit instrument between the banks were on October 9. AzerTAg


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