TODAY.AZ / Business

Trades at BICEX, March 19

19 March 2007 [22:58] - TODAY.AZ
The weighted average exchange prices made up 0,8675 AZN for 1 US dollar in the Baku Interbank Currency Exchange on March 19.

The average-weighted dollar exchange rate was 0.8675 at the morning session on US currency in the BEST (Bourse E-system of trades).

Deals on instrument USD/AZM T+0 were 6,995,253. Manat exchange rate remained unchanged. Deals were 1,314,283 AZN at the afternoon session. The weighted average exchange was 0.8675.

The volume of trades totaled 8,309,535 AZN (USD 9,578,000) on the instrument USD/AZM T+0 for both sessions. The average cost of one deal was $1,064,222.

No deals were closed on the USD/AZN T+1, T+2 instrument in BEST, because of lack of demand. There were no deals made on Instrument EUR/AZN T+0, and RUR/AZN.

In the inter-bank credit market functioning in the framework of BEST, BakiBOR index counted in line with requests made by market makers constituted 14,51 % in manats on 90 day-instruments, and 14.47 % in USD.

No deals were closed on credit instrument on March 19. AzerTAg

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