TODAY.AZ / Business

Trades at BICEX, Feb.14

15 February 2007 [08:50] - TODAY.AZ
The weighted average exchange price made up 0.8697 AZN/USD at trading sessions on the Baku Interbank Currency Exchange on Wednesday.

BICEX told APA that the opening price of the morning session on the BEST (Bourse E-system of Trades) was 0.8698 AZN/USD and no deals were closed on USD/AZN T+0 instrument. The manat exchange against the US dollar remained unchanged.

Deals of AZN 3,800,589 were closed on USD/AZN T+0 instrument in the midday trading. The exchange rate of manat against the US dollar was made 0.8697 AZN/USD.

According to the results of the two sessions, the total volume of the trades on USD/AZN instrument amounted to $4.37mln or AZN 3,800,589. The average cost per deal was $1,456,667.

On USD/AZN T+1, T+2 instruments and SWAP_USD/AZN in BEST, no deals were closed through lack of demand.

No bids on RUB/AZN and EUR/AZN T+1instruments were made by banks.

In the interbank credit market functioning in the framework of BEST, BakiBOR index counted in line with requests made by market makers constituted 14.22% in manats and 14.08% in USD on 90-day instrument.


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