TODAY.AZ / Business

Trades at BICEX

11 October 2006 [22:53] - TODAY.AZ
The weighted average exchange prices made up 0,8734 AZN for 1 US dollar in the Baku Interbank Currency Exchange on October 11.

The average-weighted dollar exchange rate was 0,8734 at the morning session on US currency in the BEST (Bourse E-system of trades). On instrument USD/AZM T+0 deals were 2 707 510 AZN. Manat exchange rate rose by 0,0004 pts to 0,8735 AZN.

In the afternoon session, the volume of 255 957 80 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 2 963 467 80 AZN (USD 3 393 000).

The average cost of one deal was $ 678 600.

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 14.75 % in manats on 90 day-instruments, and 14.67 % in USD.

No deals on credit instrument between the banks were on October 11. AzerTAg

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