TODAY.AZ / Business

Trades at BICEX, Dec. 19

20 December 2006 [00:06] - TODAY.AZ
The weighted average exchange prices made up 0.8718 AZN for 1 US dollar in the Baku Interbank Currency Exchange on December 19.

The average-weighted dollar exchange rate was 0.8718 at the morning session on US currency in the BEST (Bourse E-system of trades).

Deals were 209,232 AZN on instrument USD/AZM T+0.

Manat exchange rate remained unchanged.

In the afternoon session, the volume of 1,220,520 AZN was fixed.

Thus, the weighted average exchange rate was 0.8718 AZN.

The volume of trades in the instrument USD/AZM T+0 for both sessions totaled 1,429,752 AZN (USD 1,640,000).

The average cost of one deal was $410,000.

On USD/AZN T+1, T+2 instrument in BEST, no deals did take place because of lack of demand. On Instrument EUR/AZN T+0, and RUR/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 15.16 % in manats on 90 day-instruments, and 15.42 % in USD.

No deals on credit instrument between the banks did take place on December 19. AzerTAg

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