TODAY.AZ / Business

Trades at BICEX, Dec. 25

26 December 2006 [00:51] - TODAY.AZ
The weighted average exchange prices made up 0.8716 AZN for 1 US dollar in the Baku Interbank Currency Exchange on December 25.

The average-weighted dollar exchange rate was 0.8716 at the morning session on US currency in the BEST (Bourse E-system of trades).

Deals were 1,220,240 AZN on instrument USD/AZM T+0.

Manat exchange rate remained unchanged.

There were no deals made at the afternoon session.

Thus, the weighted average exchange rate remained unchanged.

The volume of trades in the instrument USD/AZM T+0 for both sessions totaled 1,220,240 AZN (USD 1,400,000).

The average cost of one deal was $700,000.

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 14.70 % in manats on 90 day-instruments, and 14.97 % in USD.

No deals on credit instrument between the banks did take place on December 25. AzerTAg

URL: http://www.today.az/news/business/34300.html

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