Deals of $4.691 million concluded on BICEX, today

Deals of $4.691 million concluded on BICEX, today
# 11 October 2011 15:18 (UTC +04:00)
Baku. Nijat Mustafayev-APA-Economics. The weighted average exchange price made 0.7870 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 0.7869 AZN/USD and deals of AZN 2 014 464 were closed on USD/AZN T+0 instrument.

Deals of AZN 1 676 884 were closed on USD/AZN T+0 instrument in the midday trading. The exchange rate of manat stood at 0.7870 AZN/USD.
According to the results of the two sessions, the total volume of the trades on USD/AZN instrument amounted to $4.691 million or AZN 3 691 348.

In the interbank credit market functioning in the framework of BEST, BakiBOR index counted in line with requests made by market makers constituted 12.94% in manats and 12.79% in USD on 90-day instrument.
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THE OPERATION IS BEING PERFORMED