Bank Of Baku

Deals of $9.7 million concluded on BICEX, June 2

Deals of $9.7 million concluded on BICEX, June 2
# 02 June 2009 16:12 (UTC +04:00)
Baku. Nijat Mustafayev-APA-Economics. The weighted average exchange price made up 0.8025 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 0.8033 AZN/USD and deals of AZN 2 407 500 were closed on USD/AZN T+0 instrument.

Deals of AZN 5 379 450 were closed on USD/AZN T+0 instrument in the midday trading. The exchange rate of manat stood at 0.8025 AZN/USD.

According to the results of the two sessions, the total volume of the trades on USD/AZN instrument amounted to $9.7 million or AZN 7 786 950.
In the interbank credit market functioning in the framework of BEST, BakiBOR index counted in line with requests made by market makers constituted 15.83% in manats and 16.28% in USD on 90-day instrument.
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