Bank Of Baku

Deals of $20.568 million concluded on BICEX, today

Deals of $20.568 million concluded on BICEX, today
# 28 March 2012 14:34 (UTC +04:00)
Baku. Nijat Mustafayev-APA-Economics. The weighted average exchange price made 0.7855 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 0.7863 AZN/USD and deals of AZN 16 160 361.6 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 0.7863 AZN/USD.

According to the results of the two sessions, the total volume of the trades on USD/AZN instrument amounted to $20.568 million or AZN 16 160 361.6.
In the interbank credit market functioning in the framework of BEST, BakiBOR index counted in line with requests made by market makers constituted 13.00% in manats and 13.50% in USD on 90-day instrument.
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