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Deals of $2.3 million concluded on BICEX, Feb. 1

01 February 2010 16:24 (UTC +04:00)

Baku. Nijat Mustafayev-APA-Economics. The weighted average exchange price made 0.8035 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 0.8035 AZN/USD and deals of AZN 1 848 050 were closed on USD/AZN T+0 instrument.
No deals were closed on USD/AZN T+0 instrument in the midday trading. The exchange rate of manat stood at 0.8035 AZN/USD.
According to the results of the two sessions, the total volume of the trades on USD/AZN instrument amounted to $2.3 million or AZN 1 848 050.
The average cost per deal was $ 2.3 million.
In the interbank credit market functioning in the framework of BEST, BakiBOR index counted in line with requests made by market makers constituted 15.64% in manats and 16.21% in USD on 90-day instrument.