TODAY.AZ / Business

Trades at BICEX, Dec. 7

08 December 2006 [01:34] - TODAY.AZ
The weighted average exchange prices made up 0.8723 AZN for 1 US dollar in the Baku Interbank Currency Exchange on December 7.

The average-weighted dollar exchange rate was 0.8722 at the morning session on US currency in the BEST (Bourse E-system of trades).

On instrument USD/AZM T+0 deals were 1,748,962 AZN.

Manat exchange rate dropped 0.0001 points and reached 0.8723 AZN.

In the afternoon session, the volume of 3,053,050 AZN was fixed.

Thus, the weighted average exchange rate was 0.8723 AZN.

The volume of trades in the instrument USD/AZM T+0 for both sessions totaled 4,802,012 AZN (USD 5,505,000).

The average cost of one deal was $786,429.

On USD/AZN T+1, T+2 instrument in BEST, no deals did take place because of lack of demand. On Instrument EUR/AZN deals didn't take place.

In the inter-bank credit market functioning in the framework of BEST, BakiBOR index counted in line with requests made by market makers constituted 14.76 % in manats on 90 day-instruments, and 14.93 % in USD.

No deals on credit instrument between the banks did take place on December 7. AzerTAg

URL: http://www.today.az/news/business/33667.html

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