Bank Of Baku

Deals of $23.925 million concluded on BICEX, April 7

Deals of $23.925 million concluded on BICEX, April 7
# 07 April 2009 14:47 (UTC +04:00)
Baku. Nijat Mustafayev-APA-Economics. The weighted average exchange price made up 0.8029 AZN/USD at trading sessions on the Baku Interbank Currency Exchange today.
BICEX said the opening price of the morning session on the BEST (Bourse E-system of Trades) was 0.8028 AZN/USD and no deals AZN 1 605 600 were closed on USD/AZN T+0 instrument.
Deals of AZN 19 209 383 were closed on USD/AZN T+0 instrument in the midday trading. The exchange rate of manat stood at 0.8029 AZN/USD.
According to the results of the two sessions, the total volume of the trades on USD/AZN instrument amounted to $23.925 million or AZN 19 209 383.
The average cost per deal was $2 658 333.
In the interbank credit market functioning in the framework of BEST, BakiBOR index counted in line with requests made by market makers constituted 15.94% in manats and 16.50% in USD on 90-day instrument.
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