TODAY.AZ / Business

Trades at BICEX, May 4

05 May 2007 [13:34] - TODAY.AZ
The weighted average exchange prices made up 0.8632 AZN for 1 US dollar in the Baku, Interbank Currency Exchange on May 4.

The average-weighted dollar exchange rate was 0,8635 AZN at the morning session on US currency in the BEST (Bourse E-system of trades). Deals on instrument USD/AZM T+0 were 865,027. Manat exchange rate rose by 0.0002 points to 0.8633 AZN for 1 US dollar.

Deals on instrument USD/AZN T+0 amounted to 1,487,322 AZN at the afternoon session. The weighted average rate was 0,8631 AZN for one US dollar.

The volume of trades totaled 2,352,349 AZN (USD 2,725,000) on the instrument USD/AZM T+0 for both sessions. The average cost of one deal was $ 454,167.

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 14.28 % in manats on 90 day-instruments, and 13.83 % in USD.

No deals on the credit instruments were made between the banks on May 4. AzerTAg

URL: http://www.today.az/news/business/40533.html

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