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$19mln.-transaction conducted in currency section of BICEX

13 August 2008 17:18 (UTC +04:00)

Baku. Nijat Mustafayev â€“ APA-Economics. By results of trades, taking place on August, 12 in the currency section of Baku Interbank Currency Exchange, average exchange rate USD/AZN has made 0,8129 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 0,8123 AZN for 1 USD. Transactions on tool USD/AZN T+0 have not been consisted 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 15 457 700 AZN is fixed. The average rate of daytime session has made 0, 8129 AZN for 1 USD.
Thus, the total amount of trades on dollar tools on results of the both sessions has made $ 19 000 000, that in manat equivalent has made 15 457 700 AZN. On one transaction on the average there were 9 500 000 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 15,75% in manats, 16,13% 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.