Bank Of Baku

Deals of $27.5 million concluded on BICEX, today

Deals of $27.5 million concluded on BICEX, today
# 16 November 2011 15:10 (UTC +04:00)
Baku. Nijat Mustafayev-APA-Economics. The weighted average exchange price made 0.7859 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 0.7861 AZN/USD and deals of AZN 9 428 400 were closed on USD/AZN T+0 instrument.

Deals of AZN 12 181 150 were closed on USD/AZN T+0 instrument in the midday trading. The exchange rate of manat stood at 0.7863 AZN/USD.
According to the results of the two sessions, the total volume of the trades on USD/AZN instrument amounted to $27.5 million or AZN 21 609 550.

In the interbank credit market functioning in the framework of BEST, BakiBOR index counted in line with requests made by market makers constituted 12.92% in manats and 13.50% in USD on 90-day instrument.
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