Bank Of Baku

Deals of $1.576 million concluded on BICEX, today

Deals of $1.576 million concluded on BICEX, today
# 18 April 2012 14:59 (UTC +04:00)
Baku. Nijat Mustafayev-APA-Economics. The weighted average exchange price made 0.7860 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 0.7855 AZN/USD and deals of AZN 786,000 were closed on USD/AZN T+0 instrument.
Deals of AZN 452 736 mln were closed on USD/AZN T+0 instrument in the midday trading. The exchange rate of manat stood at 0.7860 AZN/USD.
According to the results of the two sessions, the total volume of the trades on USD/AZN instrument amounted to $1.576 million or AZN 1 238 736.
In the interbank credit market functioning in the framework of BEST, BakiBOR index counted in line with requests made by market makers constituted 12.25% in manats and 12.75% in USD on 90-day instrument.
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