Deals of $940,000 concluded on BICEX, today

Deals of $940,000 concluded on BICEX, today
# 20 July 2012 15:59 (UTC +04:00)
Baku. Nijat Mustafayev-APA-ECONOMICS. The weighted average exchange price made 0.7850 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 0.7850 AZN/USD and deals of AZN 263,995 were closed on USD/AZN T+0 instrument.

Deals of AZN 474,562.80 were closed on USD/AZN T+0 instrument in the midday trading. The exchange rate of manat stood at 0.7850 AZN/USD.

According to the results of the two sessions, the total volume of the trades on USD/AZN instrument amounted to $940,000 or AZN 738,558.

In the interbank credit market functioning in the framework of BEST, BakiBOR index counted in line with requests made by market makers constituted 11.58% in manats and 11.75% in USD on 90-day instrument.
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THE OPERATION IS BEING PERFORMED