TODAY.AZ / Business

Trades at BICEX

10 October 2006 [20:02] - TODAY.AZ
The weighted average exchange prices made up 0,8734 AZN for 1 US dollar in the Baku Interbank Currency Exchange on October 10.

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 4 413 635 AZN.

Manat exchange rate rose by 0,0004 pts to 0,8735 AZN.

In the afternoon session, the volume of 1 910 000 AZN was fixed. Thus, the weighted average exchange rate was 0,8731 AZN.

The volume of trades in the instrument USD/AZM T+0 for both sessions totaled 6 081 316 AZN (USD 6 960 000).

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 15.35 % in manats on 90 day-instruments, and 15.42 % in USD.

No deals on credit instrument between the banks were on October 10. AzerTAg

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