Bank Of Baku

Deals of $4.240 million concluded on BICEX, Feb. 17

Deals of $4.240 million concluded on BICEX, Feb. 17
# 17 February 2010 14:57 (UTC +04:00)
Baku. Nijat Mustafayev-APA-Economics. The weighted average exchange price made 0.8033 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 0.8034 AZN/USD and deals of AZN 1 983 904 were closed on USD/AZN T+0 instrument.
Deals of AZN 1 421 841 were closed on USD/AZN T+0 instrument in the midday trading. The exchange rate of manat stood at 0.8033 AZN/USD.
According to the results of the two sessions, the total volume of the trades on USD/AZN instrument amounted to $4.2410 million or AZN 3 405 745.
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 16.33% in USD on 90-day instrument.
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