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$ 190 000 transaction conducted in currency section of BICEX today

08 August 2008 05:07 (UTC +04:00)

Baku. Nijat Mustafayev-APA-Economics. By results of trades, taking place on August 7 in the currency section of Baku Interbank Currency Exchange, average exchange rate USD/AZN has made 0,8090 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 0,8086 AZN for 1 USD and no deals were closed on USD/AZN T+0 instrument. 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 153 710 AZN is fixed. The average rate of daytime session has made 0, 8090 AZN for 1 USD.
Thus, the total amount of trades on dollar tools on results of the both sessions has made $ 190 000, that in manat equivalent has made 153 710 AZN. On one transaction on the average there were 95,000 dollars.
On USD/AZN T+1, T+2 instruments and SWAP_USD/AZN in BEST, no deals were closed through lack of demand. 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 15.71% in manats, 16.86% in USD annual.
Transactions on credit tools at BBVB between banks have not been consist today