TODAY.AZ / Business

Deals at BICEX, Nov.14

15 November 2006 [12:18] - TODAY.AZ
The weighted average exchange price made up 0.8726 AZN/USD at trading sessions held at the Baku Interbank Currency Exchange.

As APA reports, the opening price of the morning session on the BEST (Bourse E-system of Trades) was AZN 0.8722 AZN/USD and deals of AZN 12 495 632 were concluded on USD/AZN T+0 instrument.

The average exchange rate of manat fell by 0.0004 against USD and stood at 0.8726 AZN/USD at the end of session.

Deals of AZN 199 840 were closed on USD/AZN T+0 instrument in the midday trading. The exchange rate of manat stood at AZN 0.8724 AZN/USD.

According to the results of the sessions, the total volume of the trades on USD/AZN instrument amounted to $14.549m or AZN 12 695 472.

The average cost per deal was $3 637 250.

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 14.51% in manats and 14.63% in USD on 90-day instrument.

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