Deals of $20.78 million concluded on BICEX, April 20

Deals of $20.78 million concluded on BICEX, April 20
# 20 April 2009 15:31 (UTC +04:00)
Baku. Nijat Mustafayev-APA-Economics. The weighted average exchange price made up 0.8021 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 0.8029 AZN/USD and no deals were closed on USD/AZN T+0 instrument.

Deals of AZN 16 668 652 were closed on USD/AZN T+0 instrument in the midday trading. The exchange rate of manat stood at 0.8021 AZN/USD.

According to the results of the two sessions, the total volume of the trades on USD/AZN instrument amounted to $20.78 or AZN 16 668 652.
The average cost per deal was $6 926 667.

In the interbank credit market functioning in the framework of BEST, BakiBOR index counted in line with requests made by market makers constituted 15.71% in manats and 16.14% in USD on 90-day instrument.
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THE OPERATION IS BEING PERFORMED