Bank Of Baku

$ 6 081 000 transaction conducted in currency section of BICEX today

$ 6 081 000 transaction conducted in currency section of BICEX today
# 29 July 2008 07:06 (UTC +04:00)
Baku. Nijat Mustafayev-APA-Economics. By results of trades, taking place on July, 28 in the currency section of Baku Interbank Currency Exchange, average exchange rate USD/AZN has made 0,8067 AZN for 1 USD.
BICEX told APA-Economics that rate USD/AZN at the moment of opening MORNING SESSION in Bourse E-system of trades (BEST) was equal 0,8070 AZN for 1 USD. Transactions on tool USD/AZN T+0 have not been consist today. The rate of manat on results of session has remained constant.
At daytime session of BEST on tool USD/AZN T+0 the volume equal 4 907 756,70 AZN is fixed. The average rate of daytime session has made 0, 8067 AZN for 1 USD.
Thus, the total amount of trades on dollar tools on results of the both sessions has made $ 6 081 000, that in manat equivalent has made 4 907 756,70 AZN. On one transaction on the average there were 1 013 500 dollars.
It should be noted that, on the tools USD/AZN T+1, T+2 and on SWAP_USD/AZN because of absence of demand the transactions with dealers did not consist. Banks did not expose applications on tools EUR/AZN and RUB/AZN in BEST.
At the organized interbank money market, functioning within the framework of BEST system, the index of BakiBOR, counted up on the basis of applications, submitted by market-makers made on 90-daily tools 16,07% in manats, 17,13% in USD annual.
At the organized interbank money market, functioning in the framework of BEST system the transaction was not registered
Transactions on credit tools at BBVB between banks have not been consist today.
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