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Deals of $5.88 million concluded on BICEX, Feb. 11

11 February 2009 14:50 (UTC +04:00)

Baku. Nijat Mustafayev-APA-Economics. The weighted average exchange price made up 0.8070 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 0.8077 AZN/USD and deals of AZN 96 840 were closed on USD/AZN T+0 instrument.
Deals of AZN 4 648 320 were closed on USD/AZN T+0 instrument in the midday trading. The exchange rate of manat stood at 0.8070 AZN/USD.
According to the results of the two sessions, the total volume of the trades on USD/AZN instrument amounted to $5.88 or AZN 4 745 160.
The average cost per deal was $1.176 million.
A $2 million swap deal for 30 days was concluded on the SWAP_USD/AZN instrument.
A deal of AZN 362 495 was closed on the EUR/AZN T+0 instrument.
No bids on RUB/AZN instrument were made by banks.
In the interbank credit market functioning in the framework of BEST, BakiBOR index counted in line with requests made by market makers constituted 15.25% in manats and 15.83% in USD on 90-day instrument.