TODAY.AZ / Business

Trades at BICEX, Feb. 22

23 February 2007 [08:55] - TODAY.AZ
The weighted average exchange prices made up 0.8692 AZN for 1 US dollar in the Baku Interbank Currency Exchange on February 22.

The average-weighted dollar exchange rate was 0.8694 at the morning session on US currency in the BEST (Bou rse E-system of trades). Deals were not made on instrument USD/AZM T+0 at the morning session. Manat exchange rate remained unchanged.

Deals were 2, 970,056 AZN at the afternoon session. The weighted average exchange was 0.8692.

The volume of trades totaled 2, 970, 056 AZN (USD 3, 417, 000) on the instrument USD/AZM T+0 for both sessions. The average cost of one deal was $427,125.

No deals were closed on the USD/AZN T+1, T+2 instrument in BEST, because of lack of demand.

There were no deals made on Instrument EUR/AZN T+0, and RUR/AZN.

In the inter-bank credit market functioning in the framework of BEST, BakiBOR index counted in line with requests made by market makers constituted 14.27 % in manats on 90 day-instruments, and 14.47 % in USD.

No deals were closed on credit instrument on February 22. AzerTAg

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