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Deals of $19.450 million concluded on BICEX, Feb. 20

20 February 2009 15:13 (UTC +04:00)

Baku. Nijat Mustafayev-APA-Economics. The weighted average exchange price made up 0.8062 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 0.8063 AZN/USD and deals of AZN 1 209 300 were closed on USD/AZN T+0 instrument.
Deals of AZN 14 471 290 were closed on USD/AZN T+0 instrument in the midday trading. The exchange rate of manat stood at 0.8062 AZN/USD.
According to the results of the two sessions, the total volume of the trades on USD/AZN instrument amounted to $19.450 million or AZN 15 680 590.
The average cost per deal was $3.890 million.
A $7.4 million swap deal for 30 days was concluded on the SWAP_USD/AZN 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 15.57% in manats and 16.14% in USD on 90-day instrument.