TODAY.AZ / Business

Trades at BICEX, Apr 3

04 April 2007 [10:43] - TODAY.AZ
The weighted average exchange prices made up 0.8665 AZN for 1 US dollar in the Baku Interbank Currency Exchange on April 3.

The average-weighted dollar exchange rate was 0.8667 at the morning session on US currency in the BEST (Bou rse E-system of trades).

Deals were 5,398,821 AZN on instrument USD/AZM T+0 at the morning session. Manat exchange rate jumped 0.0002 points o make 0.8665.

Deals were 909,905 AZN on instrument USD/AZN T+0 at the afternoon session. The weighted average exchange was 0.8665.

The volume of trades totaled 6,308,726 AZN (USD 7,280,000) on the instrument USD/AZM T+0 for both sessions. The average cost of one deal was $1,213,333.

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 14.18 % in manats on 90 day-instruments, and 14.06 % in USD. AzerTAg

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