Trades at BICEX

The average-weighted dollar exchange rate was 0.8742 at the morning session on US currency in the BEST (Bourse E-system of trades). On instrument USD/AZM T+0 deals were 567,645 AZN.

Manat exchange rate rose 0.0004 and reached 0.8730 AZN.

In the afternoon session, the volume of 5,469,250 AZN was fixed. Thus, the weighted average exchange rate was 0.8730 AZN.

The volume of trades in the instrument USD/AZM T+0 for both sessions totaled 5,469,250 AZN (USD 6,265,000).

The average cost of one deal was $1 253,000.

On USD/AZN T+1, T+2 instrument in BEST, no deals were closed because of lack of demand.

On Instrument EUR/AZN T+0, and RUR/AZN deals were not made.

In the inter-bank credit market functioning in the framework of BEST, BakiBOR index counted in line with requests made by market makers constituted 14.60 % in manats on 90 day-instruments, and 14.67 % in USD.

No deals on credit instrument between the banks were on October 16. AzerTAg