Deals of $4,270 million concluded on BICEX, today

Deals of $4,270 million concluded on BICEX, today
# 12 May 2010 14:22 (UTC +04:00)
Baku. Nijat Mustafayev - APA-Economics. The weighted average exchange price made 0.8036 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 0.8036 AZN/USD and no deals were closed on USD/AZN T+0 instrument.

Deals of AZN 3 431 372 were closed on USD/AZN T+0 instrument in the midday trading. The exchange rate of manat stood at 0.8036 AZN/USD.

According to the results of the two sessions, the total volume of the trades on USD/AZN instrument amounted to $4,270 million or AZN 3 431 372.

In the interbank credit market functioning in the framework of BEST, BakiBOR index counted in line with requests made by market makers constituted 15.57% in manats and 15.63% in USD on 90-day instrument.
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THE OPERATION IS BEING PERFORMED