TODAY.AZ / Business

Trades at BICEX, Dec. 29

30 December 2006 [12:01] - TODAY.AZ
The weighted average exchange price made up 0.8714 AZN/USD at trading sessions held at the Baku Interbank Currency Exchange on Friday.

BICEX told APA that the opening price of the morning session on the BEST (Bourse E-system of Trades) was 0.8714 AZN/USD and deals of AZN 3 359 247 took place on USD/AZN T+0 instrument.

The manat exchange against US dollar remained unchanged.

Deals of AZN 21 724 002 were closed on USD/AZN T+0 instrument in the midday trading.

The exchange rate of manat against the US dollar made 0.8714 AZN/USD.

According to the results of the two sessions, the total volume of the trades on USD/AZN instrument amounted to $28.785mm or AZN 25 083 249.

The average cost per deal was $2 056 071.

On USD/AZN T+1, T+2 instruments and SWAP_USD/AZN in BEST, no deals did take place 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 14.18% in manats and 14.26% in USD on 90-day instrument.

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