Bank Of Baku

Deals of $260,000 concluded on BICEX, today

Deals of $260,000 concluded on BICEX, today
# 03 August 2012 15:36 (UTC +04:00)
Baku. Nijat Mustafayev-APA-ECONOMICS. The weighted average exchange price made 0.7848 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 0.7848 AZN/USD and deals of AZN 204,230 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 remained unchanged.

According to the results of the two sessions, the total volume of the trades on USD/AZN instrument amounted to $260,000 or AZN 204,230.

In the interbank credit market functioning in the framework of BEST, BakiBOR index counted in line with requests made by market makers constituted 13.88% in manats and 14.63% in USD on 90-day instrument.
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