TODAY.AZ / Business

Trades at BICEX

15 July 2006 [14:16] - TODAY.AZ
The weighted average exchange prices made up 0.8905 AZN for 1 US dollar in the Baku Interbank Currency Exchange on July 14.

The average-weighted dollar exchange rate was 0.8911 AZN/USD at the morning session on US currency yesterday in the BEST (Bourse E-system of trades).

On instrument USD/AZM T+0 deals were $500,000.

Manat exchange rate jumped 0.0005 points to make 0.8906.

In the afternoon session, the volume of $1,079,000 was fixed.

Thus, the weighted average exchange rate was 0.8904 AZN.

The volume of trades in the instrument USD/AZM T+0 for both sessions totaled $1,579,000 which in manat equivalent turned 1,406, 084 AZN.

The average cost of one deal was $394,750.

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 14.92% in manats on 90 day-instruments, and 14.71 % in USD.

No deals on credit instrument were between the banks on July 14, AzerTAg reports.

URL: http://www.today.az/news/business/28194.html

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