TODAY.AZ / Business

BICEX deals totaled $48mn

30 June 2006 [09:04] - TODAY.AZ
According to the results of the trading sessions in the currency section of the Baku Interbank Currency Exchange (BICEX) yesterday, USD/AZN average weighted rate was AZN 0.8951/$1.

As APA reports, the opening price of the morning session held in the BEST (Bourse E-system of trades) was AZN 0.8954/$1 and interbank deals concluded on USD/AZN T+0 tool constituted $25mn and average rate of manat for USD rose 0.0003 to AZN 0.8951/$1 at the end of the session.

Interbank deals concluded on USD/AZN T+0 tool in the day session of BEST formed $23mn and average rate of manat was AZN 0.8951/$1.

So, as results of the both sessions, volume of BEST totaled $48mn or AZN 42 964 800 on USD/AZN tool. Each bargain was on average $9.9mn.

No bargains were concluded by dealers on USD/AZN T+1, T+2 and SWAP_USD/AZN tools, because there was no demand for it. No bids on Euro/AZN and Ruble/AZN tools were made by banks.

In the interbank credit market operating within the BEST system BakIBOR index calculated on the basis of bids by banks having the status of market-maker formed 14.90% per annum on manat and 14.70% per annum on US dollar on 90-day tool.

No interbank bargains on credit tools were signed in the whole day.


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