TODAY.AZ / Business

Trades at BICEX

25 October 2006 [20:20] - TODAY.AZ
The weighted average exchange prices made up 0.8722 AZN for 1 US dollar in the Baku Interbank Currency Exchange on October 25.

The average-weighted dollar exchange rate was 0.8722 at the morning session on US currency in the BEST (Bourse E-system of trades). On instrument USD/AZM T+0 deals were 61,138 AZN. Manat exchange rate remained stable.

In the afternoon session, the volume of 13, 396, 614 AZN was fixed. Thus, the weighted average exchange rate was 0.8722 AZN.

The volume of trades in the instrument USD/AZM T+0 for both sessions totaled 13,457,752 AZN (USD 15,430,000).

The average cost of one deal was $1, 543,000.

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 14.80 % in manats on 90 day-instruments, and 14.80 % in USD.

No deals on credit instrument between the banks were on October 25. AzerTAg

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